Stock Market Update
22-Aug-24 12:10 ET
URBN, WSM, AAP sink on earnings
Dow -134.79
at 40755.70,
Nasdaq -157.77
at 17761.21,
S&P -26.12
at 5594.73
[BRIEFING.COM] The market sits near session lows. The S&P 500 sports a 0.5% decline.
Downside moves are relatively modest, but some names show outsized losses on specific catalysts. Urban Outfitters (URBN 38.13, -3.34, -8.1%), Williams-Sonoma (WSM 134.12, -9.43, -6.8%), and Advance Auto (AAP 51.45, -10.47, -16.9%) are standouts in that respect after reporting earnings.
Elsewhere, WTI crude oil futures are bouncing, trading 2.0% higher at $73.37/bbl.
