Stock Market Update
18-Aug-25 14:30 ET
S&P 500 dips; First Solar jumps on tax credit boost, EQT slides on downgrade
Dow -43.97
at 44902.15,
Nasdaq -13.86
at 21607.73,
S&P -4.97
at 6444.83
[BRIEFING.COM] The S&P 500 (-0.08%) is in second place on Monday afternoon, down about five points.
Briefly, S&P 500 constituents First Solar (FSLR 220.57, +20.62, +10.31%), The Trade Desk (TTD 55.12, +3.00, +5.76%), and lululemon athletica (LULU 206.56, +8.10, +4.08%) pepper the top of the standings. FSLR shares are rallying after the U.S. issued favorable safe harbor tax credit guidance that eased retroactivity fears, preserved key incentives, and boosted clarity for utility-scale projects, removing a major overhang for the sector, while LULU continues last week's strength.
Meanwhile, EQT Corp. (EQT 50.16, -2.69, -5.09%) is today's worst laggard, slipping after Roth Capital downgraded shares to Neutral warning that gas oversupply may pressure prices through 2026.
