Stock Market Update

25-Jun-25 14:25 ET
S&P 500 slips as Paychex tumbles on weak guidance; Northern Trust extends deal rumor rally
Dow -163.87 at 42925.15, Nasdaq +37.94 at 19950.49, S&P -3.36 at 6088.82

[BRIEFING.COM] The S&P 500 (-0.06%) is in second place on Wednesday afternoon, down less than four points.

Briefly, S&P 500 constituents Paychex (PAYX 138.32, -13.93, -9.15%), Dayforce (DAY 55.12, -2.63, -4.55%), and Conagra (CAG 20.56, -0.90, -4.19%) pepper the bottom of the standings. PAYX is down following earnings and guidance from this morning, while Conagra announced this morning it would eliminate FD&C colors from U.S. frozen foods by end of 2025 as part of portfolio modernization push.

Meanwhile, Northern Trust (NTRS 123.08, +4.90, +4.15%) is one of today's top performers, continuing recent deal-driven gains.

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