Stock Market Update
06-Jan-26 14:30 ET
S&P 500 Rises 0.6% as Albemarle Jumps on Jefferies Hike, AIG Slides on CEO Transition
Dow +492.34
at 49469.31,
Nasdaq +148.55
at 23544.40,
S&P +44.68
at 6946.72
[BRIEFING.COM] The S&P 500 (+0.65%) is in second place on Tuesday afternoon, up about 45 points.
Briefly, S&P 500 constituents Albemarle (ALB 160.52, +14.39, +9.85%), Qnity Electronics (Q 90.25, +5.14, +6.04%), and Dollar General (DG 145.01, +6.67, +4.82%) pepper the top of the standings. ALB moves higher after Jefferies raised their target on the stock to $167 (from $152).
Meanwhile, American Intl (AIG 79.16, -5.22, -6.19%) slides as investors digest CEO Peter Zaffino's planned mid-year retirement and leadership transition to incoming CEO-elect Eric Andersen.
