Stock Market Update

[BRIEFING.COM] The stock market has seen better days, but today isn't necessarily a "bad" day relative to the bad news that came in the January CPI report. That report, and continued talk of tariffs, has done more damage to the small-cap and mid-cap stocks today, which are relative laggards.

The Russell 2000 is down 0.8% and the S&P Midcap 400 Index is down 0.7%.

The Dow Jones industrial Average for its part is down 0.5% with a small majority of components trading lower. The biggest laggards on a percentage basis are Home Depot (HD 406.65, -9.71, -2.3%), Caterpillar (CAT 354.61, -7.63, -2.1%), Sherwin-Williams (SHW 355.59, -5.78, -1.6%), and Chevron (CVX 155.15, -2.29, -1.5%), the latter of which announced a cost-cutting plan that will include cutting 15-20% of its workforce by the end of 2026.

Today's best-performing Dow component is Boeing (BA 183.41, +2.97, +1.7%).