Stock Market Update
02-Mar-26 14:30 ET
Markets Edge Higher; S&P 500 Gains 0.2% as TE Connectivity, Elevance, Seagate Lag; Corning Rallies
Dow +6.55
at 48983.36,
Nasdaq +109.45
at 22777.68,
S&P +13.70
at 6894.57
[BRIEFING.COM] All three major averages now show gains on Monday afternoon, the S&P 500 (+0.20%) up about 14 points.
Briefly, S&P 500 constituents TE Connectivity (TEL 212.80, -17.35, -7.54%), Elevance Health (ELV 298.83, -21.17, -6.62%), and Seagate Tech (STX 383.91, -23.93, -5.87%) dot the bottom of the standings. ELV slides after the Centers for Medicare & Medicaid Services moved to suspend new Medicare Advantage-Prescription Drug enrollments over prior risk-adjustment data concerns, raising growth and regulatory risk fears, while STX is down in tandem with storage peer Western Digital (WDC).
Meanwhile, Corning (GLW 157.24, +6.86, +4.56%) is one of today's better performers.
