Stock Market Update

09-May-25 14:30 ET
S&P 500 slips back into red; Insulet soars on earnings, CrowdStrike falls on DOJ, SEC probe
Dow -104.97 at 41263.48, Nasdaq -4.54 at 17923.60, S&P -2.09 at 5661.85

[BRIEFING.COM] The S&P 500 (-0.04%) is narrowly lower now, moving back into the red after being in positive territory for a brief time in the previous half hour.

Briefly, S&P 500 constituents Insulet (PODD 308.81, +51.81, +20.16%), First Solar (FSLR 141.17, +7.41, +5.54%), and AES (AES 11.15, +0.33, +3.05%) pepper the top of the standings. PODD touches a near two-year high after last night's earnings beat.

Meanwhile, CrowdStrike (CRWD 409.09, -19.54, -4.56%) is one of today's top laggards, retreating to a two-week low on reports that prosecutors and regulators are investigating a $32 million transaction between CRWD and technology distributor Carahsoft, originally intended to supply software to the IRS -- which never received or purchased the products. The DOJ and SEC are probing whether CrowdStrike executives were aware of potential irregularities.

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