S&P Ends Session Narrowly Amid Government Shutdown, Airline Stress | Closing Bell

Market Overview - The trading day ended with mixed results, with the S&P 500 and Dow showing slight gains of 0.2% and 0.1% respectively, while the NASDAQ fell by 0.2% due to pressure from big tech stocks [6][8] - Airline stocks experienced volatility, initially down by 2.6% but later rebounding to a gain of 3.8%, reflecting hopes of a resolution to the ongoing government shutdown [2][3] Earnings and Company Performance - Upcoming earnings reports to watch include major companies such as Walt Disney, Paramount, and Warner Brothers Discovery, which could impact market sentiment [4] - Expedia emerged as the top gainer in the S&P 500, rising by 17.5% and projecting a 6.5% increase in revenue for the year, driven by strong travel trends [12] - Monster Beverage also performed well, gaining 5.2% after exceeding expectations in its third-quarter results, with analysts optimistic about its gross margins [14] - Callaway Golf, which owns Topgolf, saw a 14.3% increase in stock price after raising its annual revenue guidance to $3.92 billion, up from a previous estimate of $3.86 billion [15][16] Decliners - JBS, a meat processing company, fell by 3.64% following a presidential announcement regarding an investigation into price manipulation in the meatpacking industry [17][18] - Block, formerly known as Square, saw a decline of 7.7% despite raising its full-year profit forecast, as its third-quarter revenues fell short of expectations [20] - Sweetgreen shares hit a record low, down 7.5%, after cutting its revenue guidance and missing analyst estimates [22] Economic Indicators - A significant drop in U.S. corrugated box shipments, the lowest since 2015, raises concerns about a weak holiday retail shopping season, indicating potential economic uncertainty [27][28]