Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.4%), Nasdaq Composite (-0.6%), and DJIA (-1.0%) continue to move lower this morning against a hostile macro backdrop for equities today.

Corporate headlines are relatively quiet today, though there are still a few notable moves. Forgent Power Solutions (FPS 32.14, +3.50, +12.22%) is higher after a solid beat-and-raise earnings report, while Waystar Holding Corp. (WAY 27.02, +2.12, +8.51%) surges following reports that the healthcare software and revenue cycle management company is exploring strategic options, including a potential full sale that could take the company private just two years after its initial public offering.