Stock Market Update

03-Jan-25 14:30 ET
S&P 500 rises 1.3% led by Super Micro Computer, Vistra, and Jabil; Dollar Tree lags
Dow +363.17 at 42755.44, Nasdaq +335.46 at 19616.25, S&P +76.36 at 5944.91

[BRIEFING.COM] The S&P 500 (+1.30%) is in second place on Friday afternoon, albeit up about 76 points on the day.

Briefly, S&P 500 constituents Super Micro Computer (SMCI 32.36, +2.31, +7.69%), Vistra Corp. (VST 161.33, +11.67, +7.80%), and Jabil (JBL 150.77, +7.94, +5.56%) pepper the top of the standings. VST is higher as the company is seen as a beneficiary of President Biden's final rule for 45V Clean Hydrogen Production Tax Credit, while JBL gains after news that Amazon.com NV Investment Holdings was issued a warrant to acquire up to 1,158,539 shares of the company.

Meanwhile, Dollar Tree (DLTR 72.74, -3.73, -4.87%) is at the bottom of the average.

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