Stock Market Update
28-Apr-26 14:30 ET
S&P 500 Slips as Earnings Hit Real Estate and Industrial Names, BEN Rallies on Results
Dow -31.39
at 49136.40,
Nasdaq -230.11
at 24656.99,
S&P -36.71
at 7137.20
[BRIEFING.COM] The S&P 500 (-0.51%) is in second place, down about 37 points this afternoon.
Briefly, S&P 500 constituents Alexandria RE (ARE 41.30, -4.26, -9.35%), Lumentum (LITE 793.20, -66.48, -7.73%), and Allegion (ALLE 137.83, -10.57, -7.12%) dot the bottom of the average. ARE and ALLE are down following earnings/guidance, while LITE dips in sympathy to peer Corning's (GLW 155.05, -12.96, -7.71%) results.
Meanwhile, Franklin Resources (BEN 29.14, +1.57, +5.69%) is near the top of the standings following earnings.
