In This Article:
US stocks (^GSPC, ^IXIC, ^DJI) slipped as a drop in Nvidia (NVDA) shares weighed heavily on the tech sector.
The Travelers Companies (TRV) shares popped after reporting a first quarter earnings beat.
Lockheed Martin (LMT) shares rose after Morgan Stanley upgraded the stock and raised its price target.
Meanwhile, J.B. Hunt Transport (JBHT) shares fell despite a first quarter earnings beat.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo! Finance's Market Minute. US stocks slide as Nvidia's dive weighs on tech stocks. The Travelers Companies surpassing first-quarter earnings estimates, mostly driven by its business insurance segment. However, Evercore ISI noting the better underlying results in auto and home are likely unsustainable, given tariffs. Lockheed Martin shares getting a lift as Morgan Stanley upgrades the company to overweight from equal weight. The bank also lifting its price target on that stock to 575 from 525, highlighting hints of an improving defense sector backdrop. And lastly, JB Hunt Transport shares, they are sliding despite a beat on first-quarter earnings. Wall Street pointing to concerns over the impacting tariffs and the economy on the transportation and logistics company. And that's your Yahoo! Finance Market Minute. For more on what's trending on Yahoo! Finance, scan the QR code below to track the best and worst performing stocks in the session.