Stock Market Update
23-Sep-24 14:30 ET
Tesla outpeforms on positive Barlcays note, Moody's dips in S&P 500 after RayJay downgrade
Dow +70.71
at 42134.07,
Nasdaq +34.43
at 17982.73,
S&P +15.15
at 5717.70
[BRIEFING.COM] The S&P 500 (+0.27%) is in first place on Monday afternoon, up about 15 points and near afternoon highs.
Elsewhere, S&P 500 constituents Tesla (TSLA 248.76, +10.51, +4.41%), Bath & Body Works (BBWI 30.42, +1.14, +3.89%), and Tapestry (TPR 44.05, +1.48, +3.48%) pepper the top of today's standings. Barclays analysts suggested TSLA Q3 deliveries may beat, while broader gains in the consumer discretionary help drive BBWI an TPR higher.
Meanwhile, Moody's (MCO 478.88, -15.78, -3.19%) is one of today's top laggards after being cut to Underperform at Raymond James citing long-term growth challenges and downside risk to revenue expectations.
