S&P 500 is flat as shaky October start continues on escalating Middle East tensions 10/2/24

The S&P 500 is little changed today, as the market rally stalls amid rising tensions in the Middle East. Nike slid more than 6% after the sneaker giant pulled full-year guidance ahead of its CEO change. Tesla dropped 3% after reporting delivery numbers, though the tech sector is being buoyed by a rise in Nvidia. We’ll tell you all you need to know about today’s market action.