Stock Market Update
14-Mar-25 14:30 ET
S&P 500 climbs as Crown Castle, Palantir lead gains; Abbott Labs slips on potential legal woes
Dow +545.33
at 41358.59,
Nasdaq +365.39
at 17668.40,
S&P +93.36
at 5614.88
[BRIEFING.COM] The S&P 500 (+1.69%) is in second place among the major averages on Friday afternoon.
Briefly, S&P 500 constituents Crown Castle (CCI 103.07, +9.54, +10.21%), Palantir Technologies (PLTR 86.24, +6.62, +8.31%), and Celanese (CE 56.68, +3.59, +6.76%) pepper the top of the standings. CCI is higher on earnings, while PLTR announced that six new companies—Epirus, Red Cat, Saildrone, Saronic, Ursa Major, and SNC—are adopting its Warp Speed platform to enhance U.S. manufacturing capabilities.
Meanwhile, Chicago-based medtech firm Abbott Labs (ABT 126.42, -3.47, -2.67%) is weaker today after a judge overturns verdict in Whitfield infant formula case, raising litigation concerns for ABT.
