Stock Market Update
16-May-25 12:30 ET
AMAT, NVO, TTWO trade down on news
Dow +114.34
at 42437.09,
Nasdaq +38.90
at 19151.22,
S&P +19.11
at 5936.04
[BRIEFING.COM] The major indices are all in positive territory and moves are relatively limited.
Outsized moves are mostly reserved for individual stocks with specific catalysts. Applied Materials (AMAT 163.94, -10.76, -6.2%), Take-Two (TTWO 228.40, -3.94, -1.7%), and Novo Nordisk (NVO 63.73, -2.41, -3.6%) are sharply lower following company-specific headlines.
Applied Materials reported quarterly results, as did Take-Two, while Novo Nordisk is responding to news that Lars Fruergaard Jørgensen is stepping down as CEO of Novo Nordisk.
