Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.1%) and Nasdaq Composite (-0.1%) remain near their baselines, while the DJIA (+0.6%), which notched a new intraday record earlier, holds the bulk of it early gain. 

Like the consumer discretionary (+1.6%) and industrials (+1.0%) sectors, the health care sector (+0.3%) benefits from this morning's batch of earnings reports. 

Danaher (DHR 222.66, +14.27, +6.85%) is the top mover in the sector after beating EPS estimates by $0.17, reporting revenues in-line, and guiding FY 25 EPS expectations above consensus. 

In other earnings news, Zions Bancorp (ZION 52.93, +0.95, +1.83%) trades higher today after beating EPS expectations by $0.02. Perhaps more importantly, the bank eased some concerns around its credit quality after disclosing a $50 million charge-off last week. Excluding the previously disclosed charge-off, the company reported that its remaining net charge-offs were benign at $6 million. 

Western Alliance Bancorp (WAL 76.62, +1.22, +1.61%), which alleged fraud by the same borrower that Zions' charge-off was related to, reports its Q3 earnings after the close today. 

The KBW Regional Bank ETF (+0.1%) holds a slight gain after advancing 2.5% yesterday.