The Dow Jones, S&P 500, Nasdaq-100, and Russell 2000 all closed in the red, along with all 11 S&P 500 sectors. Spirit Airlines (SAVE) continued its nosedive, falling 22% a day after a Federal Judge blocked JetBlue’s (JBLU) proposed $3.8B acquisition of Spirit. Sinclair Broadcasting Group (SBGI) shares ended nearly 18% higher after renewing its Fox affiliation in a multi-year deal, with its 41 markets nationwide. Tesla (TSLA) shares closed around 2% lower on news of price cuts on its Model Y in Europe, a week after similar price cuts in China. Tune in to find out more about what to watch tomorrow and the stock market today.
17 Jan 2024
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