Stock Market Update
30-Jan-25 11:00 ET
UPS, NOW, CI, WHR earnings weigh down market
Dow +105.23
at 44819.81,
Nasdaq -68.85
at 19645.38,
S&P -0.25
at 6039.06
[BRIEFING.COM] The S&P 500 (-0.1%) joined the Nasdaq Composite (-0.5%) in negative territory. Market breadth is still positive, though. Advancers lead decliners by a 7-to-2 margin at the NYSE and by a 2-to-1 margin at the Nasdaq.
Negative responses to earnings from the likes of UPS (UPS 110.69, -23.07, -17.3%), ServiceNow (NOW 1004.13, -139.16, -12.1%), The Cigna Group (CI 275.87, -27.43, -9.1%), and Whirlpool (WHR 1.4.22, -25.25, -19.7%).
Elsewhere, small cap stocks are outperforming larger cap stocks. The Russell 2000 trades 1.3% higher.
