Stock Market Update
22-Oct-25 14:30 ET
S&P 500 down 0.8% as Lennox, Coinbase, and Generac fall; AVY rises on EPS beat and WMT deal
Dow -358.20
at 46566.33,
Nasdaq -339.52
at 22614.17,
S&P -56.65
at 6678.69
[BRIEFING.COM] The S&P 500 (-0.84%) is in second place on Wednesday afternoon, down about 57 points.
Briefly, S&P 500 constituents Lennox Int'l (LII 495.90, -53.09, -9.67%), Coinbase (COIN 313.86, -24.76, -7.31%), and Generac (GNRC 182.28, -10.22, -5.31%) pepper the bottom of the standings. LII falls after missing Q3 revenue and cutting 2025 guidance on weaker HVAC demand, soft consumer confidence, and refrigerant transition challenges, despite a slight EPS beat, while GNRC slides despite grabbing a Buy initiation out of Needham this morning and being added to the firm's Conviction List.
Meanwhile, Avery Dennison (AVY 179.86, +16.33, +9.99%) is near the top of the average after beating Q3 EPS, guiding slightly above Q4 expectations, and announcing a first-to-market RFID partnership with Walmart for fresh categories.
