Stock Market Update
12-Jun-25 14:30 ET
S&P 500 leads majors as gold, defense stocks shine; COIN slides on crypto weakness
Dow +64.10
at 42929.87,
Nasdaq +37.23
at 19653.08,
S&P +16.16
at 6038.40
[BRIEFING.COM] The S&P 500 (+0.27%) is atop the major averages, just a hair off HoDs.
Briefly, S&P 500 constituents Newmont Corporation (NEM 55.43, +2.12, +3.98%), Cencora (COR 294.07, +7.43, +2.59%), and Lockheed Martin (LMT 466.97, +10.37, +2.27%) dot the top of the standings. NEM is higher amid rising gold futures, while LMT rallies despite F-35 cut headlines, as investors view the risk as low given strong congressional support, broad economic impact, and early-stage budget uncertainty.
Meanwhile, Coinbase Global (COIN 240.97, -9.71, -3.87%) is one of today's worst-performing constituents, slipping amid falling crypto prices.
