Stock Market Update
31-Mar-26 14:30 ET
S&P 500 Rises 2.5% as Airlines Soar; Constellation Energy Slumps on Weak Guidance
Dow +986.27
at 46201.30,
Nasdaq +703.27
at 21497.92,
S&P +156.02
at 6501.73
[BRIEFING.COM] The S&P 500 (+2.46%) is in second place on Tuesday afternoon, up about 156 points.
Briefly, S&P 500 constituents Carnival (CCL 25.84, +1.88, +7.85%), United Airlines (UAL 91.89, +6.68, +7.84%), and Qnity Electronics (Q 114.61, +7.50, +7.00%) pepper the top of the standings. CCL and UAL rise as strong travel demand and the industry's ability to push through fare increases are helping offset concerns around rising jet fuel costs.
Meanwhile, Constellation Energy (CEG 274.56, -24.05, -8.05%) is today's worst laggard after 2026 EPS guidance of $11-$12 came in below consensus expectations, raising concerns about near-term earnings power. Additional pressure stems from a mixed long-term outlook, with earnings projections through 2029 also trailing estimates, dampening investor sentiment despite solid growth targets.
