Stock Market Update

[BRIEFING.COM] The major equity indices are back in positive territory. The Dow Jones Industrial Average (+0.6%) continues to build on its opening gain.

The upside bias is driven by momentum following sizable gains of late, along with positive responses to some earnings news. Honeywell (HON 211.83, +11.17, +5.6%), Sherwin-Williams (SHW 348.97, +16.77, +5.1%), UPS (UPS 97.72, +0.63, +0.6%), and Coca-Cola (KO 72.28, +0.49, +0.7%) are among the winning standouts in response to earnings and/or guidance.

Meanwhile, General Motors (GM 46.22, -1.02, -2.2%) is a losing standout among names that reported earnings after acknowledging that its initial full-year guidance does not contemplate the potential impact of tariffs.