Stock Market Update
05-Nov-25 14:30 ET
S&P 500 up 0.8% as Seagate jumps 12.8% on memory price boost, AES rises on strong Q3 results
Dow +291.75
at 47376.78,
Nasdaq +268.81
at 23617.47,
S&P +52.28
at 6823.82
[BRIEFING.COM] The S&P 500 (+0.77%) is in second place on Wednesday afternoon, up more than 52 points.
Briefly, S&P 500 constituents Seagate (STX 282.38, +32.00, +12.78%), Solstice Advance Materials (SOLS 48.00, +4.35, +9.97%), and AES (AES 14.05, +0.61, +4.54%) dot the top of the standings. STX rallies on news that SK Hynix raised prices for HBM4 memory supplied to Nvidia (NVDA 201.14, +2.45, +1.23%) by over 50%, fueling optimism for stronger margins, with AES rising as investors cheer strong Q3 revenue above expectations and reaffirmed 2025 guidance, supported by new renewables projects, utility rate base growth, and a robust pipeline of signed power purchase agreements.
Meanwhile, Zimmer Biomet (ZBH 87.48, -15.70, -15.22%) is today's top laggard after a slight revenue miss and unchanged full-year guidance signaled slowing international demand and limited near-term upside despite solid U.S. growth.
