Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.1%) now posts a modest gain for the day following its early session lows.

Small-cap and mid-cap stocks are outperforming so far today, as the S&P Mid Cap 400 (+0.5%) and the Russell 2000 (+0.3%) both outpace the market. 

The industrials sector (+0.5%) is benefitting from a positive earnings report from Delta Air Lines (DAL 57.27, +6.57, +13.0%), which beat Q2 expectations and issued in-line EPS guidance for FY25. The news, in conjunction with reports of a record-setting Fourth of July travel weekend have shares of United Airlines (UAL 90.28, +10.10, +12.6%) rising as well.