Stock Market Update
07-Nov-25 14:30 ET
S&P 500 slips 0.6% as Dexcom and Franklin Resources lag; AKAM jumps on strong Q3 and upbeat outlook
Dow -153.70
at 46758.39,
Nasdaq -252.07
at 22801.94,
S&P -38.28
at 6682.03
[BRIEFING.COM] The S&P 500 (-0.57%) is in second place on Friday afternoon, down 38 points.
Briefly, S&P 500 constituents Dexcom (DXCM 54.97, -3.05, -5.26%), Franklin Resources (BEN 22.14, -1.11, -4.77%), and onsemi (ON 46.86, -1.94, -3.98%) pepper the bottom of the standings. DXCM falls despite strength in peer Tandem Diabetes Care (TNDM 16.18, +2.85, +21.38%) after earnings, while BEN slides despite topping Q4 earnings and revenue estimates, as investors focused on continued net outflows and lingering pressure from its Western Asset unit.
Meanwhile, Akamai Tech (AKAM 85.59, +12.59, +17.25%) is one of today's better performers after posting a Q3 earnings beat, raising its FY25 outlook, and highlighting rapid growth in its cloud and AI-driven edge infrastructure businesses.
