Stock Market Update
01-May-25 12:40 ET
QCOM, LLY, MCD lag after earnings
Dow +172.81
at 40842.17,
Nasdaq +333.91
at 17780.25,
S&P +51.93
at 5620.99
[BRIEFING.COM] The major equity indices moved mostly sideways off session highs in recent trading.
Earnings news since yesterday's close is mostly positive, but there have been some disappointments like Qualcomm (QCOM 136.13, -12.33, -8.3%), Eli Lilly (LLY 803.86, -95.61, -10.6%), and McDonald's (MCD 315.05, -4.60, -1.4%).
The loss in Eli Lilly has contributed to the underperformance of the S&P 500 health care sector (-2.3%).
