Stock Market Update
01-Jul-25 14:30 ET
S&P 500 edges lower as BLDR, LVS, and PKG lead gainers; WMB slips on nat gas weakness
Dow +441.23
at 44536.00,
Nasdaq -120.14
at 20249.61,
S&P -2.24
at 6202.71
[BRIEFING.COM] The S&P 500 (-0.04%) is in second place on Tuesday afternoon, down just 2 points.
Briefly, S&P 500 constituents Builders FirstSource (BLDR 127.34, +10.65, +9.13%), Las Vegas Sands (LVS 47.32, +3.81, +8.76%), and Packaging Corp. (PKG 202.73, +14.28, +7.58%) pepper the top of the standings. LVS jumps on Macau gaming data, while PKG outperforms after announcing a $1.8B all-cash acquisition of Greif's (GEF 69.33, +4.34, +6.68%) containerboard business, a deal seen as strategically additive and immediately accretive to earnings.
Meanwhile, Williams Cos (WMB 59.11, -3.70, -5.89%) is underperforming, slipping a bit as nat gas futures also display weakness.
