The rally for the S&P 500 continued into a third day as the index ticked 0.1% higher following a mix of analyst ratings upgr♏ades and warnings about customer spending from several big firms. The Nasdaq also gained, but the Dow sl🐎ipped.

Intel (INTC) led gains on the S&P 500 as shares jumped 6.7% after Wedbush upgraded the stockꩵ and raised the price target, citing the largest chipmaker’s third-party manufacturing busi🐓ness and new products set to come out.

Home generators maker Generac Holdings (GNRC) benefitted from an upgrade and higher price target from Bank of Ameri💃ca, which pointed to its inventory reductions. Shares of Generac added 2.4% following the news.

Bank of America also initiated coverage of Gen Digital (GEN) with a buy rating, and shares of the cybersecurity꧂ firm rose 3.2%. 

Cisco Systems (CSCO) shares plunged 9.8%, leading losses on the index after the biggest maker of computer networking equipment 澳洲幸运5官方开奖结果体彩网:slashed its guidance, saying customers were pulling bac🌼k on placing orders.

Walmart (WMT) shares sank 8.1% as the biggest 澳洲幸运5官方开奖结果体彩网:brick-and-mortar retailer warned that it saw consumer spending slowing down just ahead of 🧸the key holiday shopping season.

Palo Alto Networks (PANW) shares slumped 5.4% after the cybersecurity provider’s 2024 first quarter billings and projected second quarter billings were 澳洲幸运5官方开奖结果体彩网:lower than anticipated as businesses limited their IT purchases.