Stock Market Update
18-Mar-25 14:30 ET
S&P 500 falls 1% as consumer discretionary stocks slide; Discover Financial gains 3.5%
Dow -266.49
at 41574.83,
Nasdaq -301.11
at 17507.55,
S&P -56.50
at 5618.62
[BRIEFING.COM] The S&P 500 (-1.00%) is in the middle of the major averages, down about 56 points.
Briefly, S&P 500 constituents Super Micro Computer (SMCI 39.27, -2.67, -6.37%), Royal Caribbean (RCL 207.00, -12.41, -5.66%), and Chipotle Mexican Grill (CMG 48.02, -1.63, -3.28%) dot the bottom of the standings. RCL and CMG are among some of the worst performing consumer discretionary stocks today, this while the S&P consumer discretionary sector posts a second-worst -1.82% loss on the session.
Meanwhile, Discover Financial Services (DFS 158.28, +5.29, +3.46%) is today's top performer, recovering some of yesterday's cautious sentiment around the Capital One (COF 168.56, +3.30, +2.00%) deal.
