Stock Market Update
10-Jan-25 11:30 ET
DAL, WBA, TSM trade up on specific news
Dow -705.68
at 41834.61,
Nasdaq -386.86
at 18925.40,
S&P -100.52
at 5789.83
[BRIEFING.COM] The major indices returned to session lows in recent trading.
Some stocks are going against the downside grain, trading higher with specific catalysts. Delta Air Lines (DAL 67.54, +6.14, +10.0%) and Walgreens Boots Alliance (WBA 11.20, +1.98, +21.5%), which reported better-than-expected earnings results, are standouts in that respect. Taiwan Semiconductor Manufacturing Company (TSM 207.93, +0.69, +0.3%) is another winner after reporting record fourth quarter revenues.
Energy-related stocks have outperformed the broader market, leading the S&P 500 energy sector to trade alone in positive territory.
