Stock Market Update
23-Oct-25 14:25 ET
S&P 500 climbs 0.7% as LVS, WST, and APA lead gains; URI slides after earnings miss
Dow +171.41
at 46761.61,
Nasdaq +225.96
at 22966.38,
S&P +44.69
at 6744.08
[BRIEFING.COM] The S&P 500 (+0.67%) is in second place on Thursday afternoon, up about 45 points.
Briefly, S&P 500 constituents Las Vegas Sands (LVS 57.34, +6.72, +13.28%), West Pharm (WST 309.45, +32.45, +11.71%), and APA Corp. (APA 24.64, +1.75, +7.65%) pepper the top of the standings. LVS rises after reporting strong Q3 results that beat estimates, boosting its dividend by 20% and expanding its share repurchase authorization by $2 bln, signaling confidence in continued growth across Macao and Singapore, while WST, too, reported an earnings beat this morning, and APA alongside other oil/energy stocks rise amid gains in oil futures following sanctions on Russia.
Meanwhile, United Rentals (URI 912.94, -78.56, -7.92%) is near the bottom of the average after posting a Q3 earnings miss and narrowing its EBITDA outlook, with investors overlooking solid revenue and guidance raises amid concerns about margins and slowing rental demand.
