Stock Market Update
27-Feb-25 14:30 ET
S&P 500 slips as Teleflex, SMCI, and Viatris lead declines; WBD surges on earnings
Dow +74.64
at 43507.76,
Nasdaq -275.53
at 18799.73,
S&P -37.14
at 5918.92
[BRIEFING.COM] The S&P 500 (-0.62%) along with its counterparts has slipped to lows in recent trading, now down more than 37 points.
Briefly, S&P 500 constituents Teleflex (TFX 138.09, -39.54, -22.26%), Super Micro Computer (SMCI 43.71, -7.40, -14.48%), and Viatris (VTRS 9.71, -1.52, -13.57%) pepper the bottom of the standings. TFX slips more than 22% amid plans for major restructuring, share buyback, and BIOTRONIK acquisition, while SMCI falls despite revealing that its matter with the SEC is now closed, with VTRS dipping on underwhelming earnings and guidance.
Meanwhile, Warner Bros. Discovery (WBD 11.48, +0.98, +9.39%) is outperforming following earnings.
