Stock Market Update
08-May-25 14:30 ET
S&P 500 gains 1.2% as Axon, EPAM, Paycom jump post-earnings; Fortinet slumps on soft Q2 outlook
Dow +497.81
at 41611.78,
Nasdaq +306.86
at 18045.02,
S&P +68.51
at 5699.79
[BRIEFING.COM] The S&P 500 (+1.22%) is narrowly in second place on Thursday afternoon, up about 68 points.
Briefly, S&P 500 constituents Axon (AXON 690.10, +88.28, +14.67%), EPAM Systems (EPAM 179.63, +20.42, +12.83%), and Paycom Software (PAYC 251.76, +23.09, +10.10%) pepper the top of the standings following earnings.
Meanwhile, Fortinet (FTNT 98.56, -8.16, -7.65%) is today's top laggard after the company issued a slightly lower-than-expected revenue forecast for Q2, raising concerns about future growth despite the solid Q1 performance.
