Stock Market Update
06-May-25 14:30 ET
S&P 500 slips as CEG, CE, LDOS jump on earnings; MRNA drops on FDA news
Dow -309.33
at 40908.64,
Nasdaq -109.18
at 17735.06,
S&P -29.85
at 5620.53
[BRIEFING.COM] The S&P 500 (-0.53%) is today's shallowest laggard among the major averages, shaving a bit off losses from the previous half hour.
Briefly, S&P 500 constituents Constellation Energy (CEG 278.22, +29.95, +12.06%), Celanese (CE 49.44, +4.67, +10.43%), and Leidos (LDOS 153.90, +5.96, +4.03%) dot the top of the standings following earnings.
Meanwhile, Moderna (MRNA 24.36, -3.48, -12.50%) is falling hard as reports circulate that the FDA appointed of Vinay Prasad - who is known for his outspoken criticism of the medical and regulatory establishment - as head of the Center for Biologics Evaluation and Research (CBER).
