Stock Market Update

23-Jun-25 14:25 ET
S&P 500 gains ground led by NTRS deal hopes, ANET and DASH upgrades; HAL lags on oil slide
Dow +308.13 at 42514.95, Nasdaq +175.53 at 19622.95, S&P +44.84 at 6012.68

[BRIEFING.COM] The S&P 500 (+0.75%) is in second place, consolidating afternoon gains with just an hour and a half left in the session. 

Briefly, S&P 500 constituents Northern Trust (NTRS 119.82, +7.97, +7.13%), Arista Networks (ANET 91.96, +5.71, +6.62%), and DoorDash (DASH 228.61, +8.15, +3.70%) dot the top of the standings. NTRS is higher on deal optimism, strategic interest from multiple potential acquirers, and investor anticipation of a possible premium takeover offer, despite the company signaling its intent to remain independent. ANET caught a target raise out of Evercore ISI this morning, while DASH was upgraded to Strong Buy at Raymond James this morning.

Meanwhile, Halliburton (HAL 20.86, -1.42, -6.37%) is underperforming amid falling crude oil prices.

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