Stock Market Update
02-May-25 14:30 ET
S&P 500 rallies behind DXCM, UAL, BEN; GDDY lags on soft guidance
Dow +574.33
at 41326.43,
Nasdaq +314.12
at 18024.86,
S&P +90.64
at 5694.78
[BRIEFING.COM] The S&P 500 (+1.62%) is in second place on Friday afternoon, hovering just off session highs.
Briefly, S&P 500 constituents Dexcom (DXCM 81.13, +10.87, +15.47%), United Airlines (UAL 75.08, +5.92, +8.56%), and Franklin Resources (BEN 20.06, +1.32, +7.04%) pepper the top of the standings. DXCM and BEN jump higher on earnings, while UAL enjoys relative outperformance in-line with Industrials (XLI 135.00, +2.79, +2.11%) peers.
Meanwhile, GoDaddy (GDDY 176.83, -15.53, -8.07%) slips to the bottom of the average following earnings; some investors are pointing to the company's in-line Q1 revs and underwhelming Q2 revs guidance as reasoning for the slide.
