Stock Market Update
17-Apr-25 14:30 ET
S&P 500 leads Thursday gains as FIS, Dollar Tree, and Diamondback rally; GPN slides on Worldpay deal
Dow -235.72
at 39433.67,
Nasdaq +92.31
at 16399.46,
S&P +49.99
at 5325.71
[BRIEFING.COM] The S&P 500 (+0.95%) is in first place on Thursday afternoon, up just shy of 50 points.
Briefly, S&P 500 constituents Fidelity Nat'l Info (FIS 75.27, +6.63, +9.66%), Dollar Tree (DLTR 78.96, +5.75, +7.85%), and Diamondback Energy (FANG 138.58, +8.36, +6.42%) pepper the top of the standings. DLTR moves higher after CFO Glendinning disclosed the purchase of 17K shares, while FANG jumps after its Q1 operational update out overnight.
Meanwhile, Global Payments (GPN 71.22, -12.90, -15.34%) holds solid losses after news it would acquire Worldpay from FIS for $24.25 bln in cash and stock while divesting its Issuer Solutions business.
