Stock Market Update

[BRIEFING.COM] The S&P 500 (+1.31%) is in second place on Wednesday afternoon, up about 95 points.

Briefly, S&P 500 constituents Healthpeak Properties (DOC 19.51, +3.00, +18.17%), Dell (DELL 237.14, +20.82, +9.62%), and Jabil (JBL 368.20, +30.94, +9.17%) pepper the top of the standings. DOC rises on earnings/guidance, DELL rallies on news of a major partnership with TotalEnergies (TTE 89.48, -4.12, -4.40%) and NVIDIA (NVDA 206.71, +10.21, +5.20%) to design and install a next-generation supercomputer (Pangea 5), signaling continued momentum in high-performance and AI-driven infrastructure demand, while JBL rose alongside peers after Flex's (FLEX 129.97, +33.52, +34.75%) strong earnings beat and especially its announcement to spin off its data center/cloud infrastructure business, which boosted sentiment across the EMS supply chain by signaling stronger demand and potential value unlocking in the sector.

Meanwhile, CDW (CDW 109.70, -27.10, -19.81%) falls to the bottom of the average despite slightly beating revenue and roughly in-line EPS because results offered no meaningful upside and likely disappointed elevated expectations for stronger growth and AI-driven momentum going forward.