Stock Market Update

16-Jan-25 12:05 ET
Earnings report garner negative responses
Dow +36.71 at 43258.26, Nasdaq -44.69 at 19466.54, S&P +7.70 at 5961.23

[BRIEFING.COM] The Dow Jones Industrial Average and S&P 500 trade around the unchanged mark while the Nasdaq Composite underperforms, trading 0.4% lower.

Some companies that reported quarterly results after yesterday's close have garnered negative responses from investors. Concentrix (CNXC 46.99, -0.48, -1.0%), which issued below-consensus guidance, H.B. Fuller (FUL 62.48, -1.66, -2.6%), which missed Q4 EPS estimates and issued below-consensus guidance, and Synovus (SNV 53.88, -2.10, -3.8%), which trades down despite better-than-expected results, are standouts in that respect.

Elsewhere, the 10-yr yield continues to move lower, sitting at 4.62% now.

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