Stock Market Update

24-Jan-25 14:30 ET
NextEra Energy shines amid S&P 500 dip; CF Industries, Microchip, and Airbnb lag
Dow -148.72 at 44416.41, Nasdaq -121.85 at 19931.83, S&P -21.32 at 6097.36

[BRIEFING.COM] The S&P 500 (-0.35%) is in second place on Friday afternoon, down about 21 points.

Briefly, S&P 500 constituents CF Industries (CF 88.78, -6.46, -6.78%), Microchip (MCHP 56.00, -3.57, -5.99%), and Airbnb (ABNB 127.52, -5.72, -4.29%) pepper the bottom of the standings. CF caught two downgrades this morning, pushing the stock below the 50-day MA (88.88), while MCHP and ABNB slip despite a dearth of corporate news.

Meanwhile, NextEra Energy (NEE 72.95, +3.72, +5.37%) is atop the average following earnings/guidance.

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