Stock Market Update
10-Aug-26 14:30 ET
Lumentum, Verisk Lead S&P 500 Decliners as APA Rallies on Oil Strength
Dow -154.35
at 53882.58,
Nasdaq -118.01
at 26593.62,
S&P -8.46
at 7749.18
[BRIEFING.COM] Th S&P 500 (-0.11%) is in "first" place on Monday afternoon, down just 8 points with more aggressive losses elsewhere.
Briefly, S&P 500 constituents Lumentum (LITE 825.07, -65.10, -7.31%), Verisk Analytics (VRSK 180.27, -11.55, -6.02%), and Southwest Air (LUV 45.00, -2.04, -4.35%) dot the bottom of the average. LITE dips as investors take profits following a recent optical-sector rally, despite B. Riley maintaining a bullish view and expecting a strong earnings beat and guidance raise, while VRSK falls as a Delaware court ruling on AccuLynx deals Verisk a legal setback, raising uncertainty over the asset and prompting investors to reassess its potential financial impact.
Meanwhile, APA Corp. (APA 40.80, +3.17, +8.42%) is near the top of the standings, showing solid gains amid strength in crude oil futures.
