Stock Market Update
10-Oct-25 14:30 ET
S&P 500 falls 1.7% as Mosaic, Synopsys, and Block slide; PepsiCo gains on Wells Fargo target boost
Dow -519.93
at 45838.28,
Nasdaq -526.51
at 22498.14,
S&P -112.82
at 6622.28
[BRIEFING.COM] The S&P 500 (-1.68%) is in second place on Friday afternoon, down about 112 points.
Briefly, S&P 500 constituents Mosaic (MOS 30.56, -2.88, -8.61%), Synopsys (SNPS 447.53, -36.88, -7.61%), and Block (XYZ 75.17, -5.68, -7.03%) pepper the bottom of the standings. MOS slips after announcing Q3 segment volumes followed by a downgrade to Sector Perform out of Scotiabank, SNPS falls after getting approval for its Optical Solutions Group and PowerArtist divestitures.
Meanwhile, PepsiCo (PEP 149.70, +4.99, +3.45%) is outperforming after Wells Fargo upped their target on the stock to $154 from $150 says profit debate remains key despite soft organic sales.
