Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.81%) is in last place on Thursday afternoon, up about 55 points.

Briefly, S&P 500 constituents Northern Trust (NTRS 153.19, +8.77, +6.07%), Kinder Morgan (KMI 29.99, +1.41, +4.93%), and Autodesk (ADSK 269.18, +11.74, +4.56%) pepper the top of the standings. NTRS and KMI advance following earnings, while ADSK rallies after raising its Q4 and full-year outlook across revenue, earnings, margins, and free cash flow, signaling stronger-than-expected execution. The move is reinforced by a 7% workforce reduction aimed at driving structural margin improvement, boosting investor confidence in profitability.

Meanwhile, McCormick (MKC 61.00, -5.56, -8.35%) is one of today's worst laggards after missing Q4 EPS estimates and guiding FY26 adjusted EPS below expectations. Despite solid revenue growth and cash flow, the outlook was weighed down by acquisition-related costs and rising expenses, spooking investors.