Stock Market Update
31-Mar-25 14:30 ET
S&P 500 climbs into green; Discover Financial leads, Moderna and Caesars weigh
Dow +265.47
at 41849.37,
Nasdaq -115.32
at 17207.67,
S&P +5.22
at 5586.16
[BRIEFING.COM] In the last half hour the S&P 500 (+0.09%) has continued to climb higher, is now narrowly in the green after being in the red for the entirety of the session.
Briefly, S&P 500 constituents Moderna (MRNA 28.66, -2.46, -7.90%), Charles River (CRL 150.01, -5.54, -3.56%), and Caesars Entertainment (CZR 24.98, -0.69, -2.69%) pepper the bottom of the average. MRNA slips as FDA’s Peter Marks resigns, raising concerns for gene therapy sector, while CZR falls after the February Nevada gaming win numbers showed a 9.3% dip in the month to $1.217 bln.
Meanwhile, Discover Financial Services (DFS 170.91, +12.18, +7.67%) is atop the standings after reports the DoJ may approve Capital One’s (COF 178.80, +5.27, +3.04%) $35.3B acquisition of DFS despite subprime concerns.
