Stock Market Update
06-Feb-25 11:35 ET
Outsized moves reserved for stocks with specific catalysts
Dow -96.56
at 44775.64,
Nasdaq +36.56
at 19810.79,
S&P +12.86
at 6074.34
[BRIEFING.COM] The major indices bounced off session lows in recent trading.
Outsized moves in either direction have been reserved for individual stocks with specific catalysts. Skyworks Solutions (SWKS 66.20, -20.82, -23.9%), Molina Healthcare (MOH 291.04, -25.97, -8.2%), Qualcomm (QCOM 167.46, -8.36, -4.8%), and Ford (F 9.41, -0.59, -5.9%) are standout losers after reporting earnings.
On the flip side, Tapestry (TPR 82.21, +8.83, +12.0%), Polo Ralph Lauren (RL 280.20, +31.20, +12.5%), Philip Morris Intl. (PM 143.15, +12.18, +9.3%), and Eli Lilly (LLY 877.60, +35.45, +4.2%) are big winners after their earnings reports.
