Stock Market Update
08-Jul-25 14:30 ET
S&P 500 inches up; MRNA, ALB, ON lead gains, FICO sinks 16% on FHFA shift
Dow -116.09
at 44290.27,
Nasdaq +30.59
at 20443.11,
S&P +2.46
at 6232.44
[BRIEFING.COM] The S&P 500 (+0.04%) is in second place on Tuesday afternoon, up about 3 points.
Briefly, S&P 500 constituents Moderna (MRNA 32.80, +2.90, +9.70%), Albemarle (ALB 71.58, +6.08, +9.28%), and onsemi (ON 57.73, +3.12, +5.71%) dot the top of the standings despite a dearth of corporate news.
Meanwhile, Fair Isaac (FICO 1573.10, -296.73, -15.87%) is hit hard on comments from FHFA Director William Pulte that Fannie Mae (FNMA 9.21, +0.06, +0.66%) and Freddie Mac (FMCC 7.72, +0.01, +0.13%) will now allow lenders to use the VantageScore 4.0, a competing credit scoring model co-developed by Experian (EXPGY 53.17, +0.81, +1.56%), Equifax (EFX 264.81, +0.73, +0.28%), and TransUnion (TRU 93.55, +2.05, +2.24%), without requiring new infrastructure.
