Stock Market Update

[BRIEFING.COM] The S&P 500 (-1.52%) is in second place on Monday afternoon, down about 92 points.

Briefly, S&P 500 constituents Vistra Corp. (VST 136.93, -54.18, -28.35%), Arista Networks (ANET 99.86, -29.31, -22.69%), and GE Vernova (GEV 331.22, -89.27, -21.23%) pepper the bottom of the standings. VST coverage was resumed at BofA Securities with a Neutral, tgt $206, while both VST and GEV appear to be showing weakness in part due to the recent DeepSeek news; the weakness stems from recent actions by technology companies which have been leveraging nuclear and gas power plant types in order to deal with their uptick in workloads related to AI and quantum computing.

Meanwhile, AT&T (T 24.15, +1.43, +6.29%) is atop the average after a mixed Q4 report and downside FY25 EPS guidance.