Market Update: HP, WMT, WYNN
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Argus
•
May 16, 2025
Market Update: HP, WMT, WYNN
Sector(s)
Energy, Consumer Defensive, Consumer Cyclical
Summary
The major stock indices are a mixed bag at midday -- but the common theme is 'flat, with the S&P 500 and Dow Jones Industrial Average up by very little and the Nasdaq down by very little. The latest consumer sentiment reading from the University of Michigan showed sentiment hit its second-lowest reading on record, at 50.8. That compares to 52.2 last month and the consensus expectation of 53.4. The all-time low reading was 50 in June of 2
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