Stock Market Update

25-Sep-25 14:30 ET
S&P 500 slides as CarMax drags discretionary, Coinbase tracks crypto drop; Intel pops on upgrade
Dow -216.26 at 45904.81, Nasdaq -173.41 at 22324.45, S&P -45.19 at 6592.77

[BRIEFING.COM] The S&P 500 (-0.68%) is in second place on Thursday afternoon, down 45 points.

Briefly, S&P 500 constituents Tapestry (TPR 107.07, -6.35, -5.60%), Coinbase Global (COIN 308.37, -13.40, -4.16%), and Deckers Outdoor (DECK 106.61, -4.62, -4.15%) pepper the bottom of the standings. Consumer discretionary stocks, like TPR and DECK, are weaker in sympathy to Carmax's (KMX 46.19, -10.86, -19.04%) results, while COIN slips as Bitcoin and Ethereum prices, too, fall.

Meanwhile, Intel (INTC 33.35, +2.13, +6.82%) is today's top performer following this morning's upgrade to Neutral out of Seaport Research Partners.

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