Stock Market Update
01-Jul-26 14:30 ET
S&P 500 Flattish as IBKR, ServiceNow and AppLovin Rally; Generac Slips on Profit-Taking and Rotation
Dow +42.07
at 52361.27,
Nasdaq -95.89
at 26138.83,
S&P -0.06
at 7499.30
[BRIEFING.COM] The S&P 500 (-0.06%) is hovering around flat lines in recent trading, down less than a point.
Briefly, S&P 500 constituents AppLovin (APP 571.06, +55.83, +10.84%), Interactive Brokers (IBKR 93.49, +6.45, +7.41%), and ServiceNow (NOW 106.47, +7.19, +7.24%) dot the top of the average. IBKR rallies after strong monthly operating metrics showed surging trading activity, record client growth, and sharply higher margin loan balances, reinforcing accelerating platform engagement and revenue momentum, while NOW caught a Guggenheim upgrade to Buy this morning citing double-digit organic growth outlook and U.S. federal tailwinds despite AI-related pressure.
Meanwhile, Generac (GNRC 274.03, -18.78, -6.41%) is lower this afternoon due in part to profit-taking after a strong recent run (+34.8% off the April 28 close), with added pressure from sector rotation.
