Stock Market Update
26-Mar-25 14:30 ET
S&P 500 drops 1.12% as SMCI, MRNA, PWR lead declines; CTAS surges on earnings
Dow -147.77
at 42439.73,
Nasdaq -364.33
at 17907.53,
S&P -64.52
at 5712.13
[BRIEFING.COM] The S&P 500 (-1.12%) is in second place on Wednesday afternoon, down about 65 points.
Briefly, S&P 500 constituents Super Micro Computer (SMCI 37.09, -3.55, -8.74%), Moderna (MRNA 31.50, -2.35, -6.94%), and Quanta Services (PWR 262.35, -13.90, -5.03%) pepper the bottom of the average. MRNA slips after reports the Trump administration plans to end support for child vaccines in developing countries, while PWR gives back some of its recent rebound as the S&P 500 industrials (-0.56%) sector posts a lower half loss.
Meanwhile, Cintas (CTAS 207.28, +13.82, +7.14%) is atop the standings following earnings/guidance.
