Stock Market Update
26-Jun-25 14:30 ET
S&P 500 lags despite gains; COIN, FCX, ALB rally as EQIX tumbles on guidance
Dow +400.59
at 43383.02,
Nasdaq +202.38
at 20175.95,
S&P +50.70
at 6142.86
[BRIEFING.COM] The S&P 500 (+0.83%) is near HoDs, in last place among the major averages with more aggressive gains elsewhere.
Briefly, S&P 500 constituents Freeport-McMoRan (FCX 44.62, +3.01, +7.23%), Coinbase Global (COIN 380.56, +25.19, +7.09%), and Albemarle (ALB 64.55, +4.17, +6.91%) pepper the top of the standings. FCX rises owing to strength in copper futures, while COIN caught a target bump to $395 at Oppenheimer this morning.
Meanwhile, Equinix (EQIX 757.59, -66.72, -8.09%) is the worst-performing constituent after lower-than-expected near-term AFFO growth guidance and increased capital spending plans led to several analyst downgrades and price target cuts, overshadowing its long-term AI-driven growth story.
