Stock Market Update
23-Jul-25 14:30 ET
S&P 500 hits new highs; Lamb Weston, TEL, TMO surge on earnings, Fiserv drops on guidance cut
Dow +464.10
at 44966.54,
Nasdaq +128.57
at 21019.88,
S&P +47.24
at 6356.86
[BRIEFING.COM] The S&P 500 (+0.75%) is making new highs in recent trading, up now more than 47 points.
Briefly, S&P 500 constituents Lamb Weston (LW 57.32, +8.15, +16.58%), TE Connectivity (TEL 200.74, +20.27, +11.23%), and Thermo Fisher (TMO 473.74, +46.12, +10.79%) pepper the top of the average all following earnings reports.
Meanwhile, Milwaukee-based fintech firm Fiserv (FI 140.14, -25.84, -15.57%) is today's worst laggard as investors react to lowered revenue guidance, an aggressive capital return plan seen as signaling slower growth, and a TD Bank (TD 75.44, +0.34, +0.45%) deal viewed as strategically positive but modest in scale.
