Stock Market Update
25-Mar-26 14:30 ET
S&P 500 trails major averages as SATS jumps on SpaceX IPO news, HOOD and IBKR gain; Verisk falls
Dow +361.77
at 46484.72,
Nasdaq +215.43
at 21977.33,
S&P +48.43
at 6606.79
[BRIEFING.COM] The S&P 500 (+0.74%) is in last place among the major averages, up about 48 points.
Briefly, S&P 500 constituents EchoStar (SATS 120.50, +9.66, +8.72%), Robinhood (HOOD 72.93, +3.85, +5.57%), and Interactive Brokers (IBKR 68.92, +2.80, +4.23%) pepper the top of the standings. SATS rallies as investors rally on reports that SpaceX plans to file its IPO prospectus soon, boosting sentiment across space-related stocks, while HOOD gains on investor enthusiasm over its newly approved $1.5 bln share buyback program, with IBKR gaining on a positive response to the company's new feature allowing crypto portfolio transfers, enabling lower-cost trading and seamless integration with its broader investment platform.
Meanwhile, Verisk Analytics (VRSK 186.25, -8.48, -4.35%) is underperforming after filing a mixed shelf offering last night.
