Stock Market Update
18-Nov-25 14:30 ET
S&P 500 slips 0.4% as tech memory stocks lead losses, Freeport surges on Grasberg restart plans
Dow -328.40
at 46261.63,
Nasdaq -148.28
at 22559.82,
S&P -24.80
at 6647.60
[BRIEFING.COM] The S&P 500 (-0.37%) is in "first" place on Tuesday afternoon, down about 25 points with more aggressive losses being had elsewhere.
Briefly, S&P 500 constituents Western Digital (WDC 155.07, -7.38, -4.54%), Fortinet (FTNT 79.76, -2.18, -2.66%), and Dollar Tree (DLTR 101.03, -2.64, -2.55%) dot the bottom of the standings. WDC alongside fellow memory peers SNDK (-6.2%), MU (-4.2%), and STX (-1.1%) are weaker as investors employ more profit taking amid the group's ongoing strength.
Meanwhile, Freeport-McMoRan (FCX 41.02, +2.02, +5.18%) is near the top of the standings as investors cheered plans to restart large-scale Grasberg production, restore full copper and gold output, and project strong growth through 2029.
