Stock Market Update
13-Mar-26 14:30 ET
S&P 500 slides 0.5% as PODD, FCX, and TKO lead decliners; ARES rallies 5.3%
Dow -55.68
at 46621.06,
Nasdaq -208.76
at 22103.23,
S&P -32.89
at 6641.72
[BRIEFING.COM] The S&P 500 (-0.49%) is in second place on Friday afternoon, down about 33 points.
Briefly, S&P 500 constituents Insulet (PODD 220.26, -15.81, -6.70%), Freeport-McMoRan (FCX 56.12, -3.09, -5.22%), and TKO Group Holdings (TKO 193.37, -7.90, -3.93%) dot the bottom of the average. PODD slides after it disclosed a voluntary correction for a small number of Omnipod 5 pods due to insulin delivery issues, raising safety and reliability concerns despite limited scope and no expected shipment disruptions, while FCX declines are tied in part to losses in copper futures, while TKO dips ahead of Monday's ex-dividend.
Meanwhile, Ares Management (ARES 101.65, +5.15, +5.34%) is atop the standings is rallying despite a dearth of corporate news.
