- The S&P 500 fell less than 0.1% on Monday, Nov. 13, 2023, after Moody's cut its outlook on U.S. credit and ahead of Tuesday's report on consumer inflation.
- Tesla shares advanced after British gas station operator EG Group purchased the EV maker's superchargers to put in its locations in the U.K. and continental Europe.
- Exxon Mobil said that it plans to be a major player in the lithium market, contributing to a dip in the shares of Albemarle, the largest U.S. lithium producer.
U.S. equities were mixed and little changed following big gains on Friday, ahead of Tuesday's key report on consumer inflation and after the news late last week that Moody's cut its outlook on the U.S. credit rating to negative. The S&P 500 lost less than 0.1% Monday.
Henry Schein (HSIC) shares advanced 5.4% after the distributor of health-care products and services said that it had contained a cyberattack that hit its dental and medical distribution business in mid-October and was moving to return to normal operations.
Warner Bros. Discovery (WBD) shares declined 2.4% as an analyst for investment banking firm Guggenheim Partners said that the media giant had an "NFL problem" and that it may look to purchase a company with the rights to stream the league's games.
Lithium producer Albemarle (ALB)'s shares dropped 2.4% following a statement from Exxon Mobil (XOM) that it planned to be a major producer of lithium for electric vehicle (EV) batteries by 2027. Exxon Mobil shares rose 1%.