Stock Market Update
27-Feb-26 14:30 ET
S&P 500 Falls 0.8% Friday; KKR, Carvana Lead Declines While AES Jumps on Takeover Talk
Dow -672.98
at 48825.11,
Nasdaq -288.41
at 22589.99,
S&P -55.31
at 6855.54
[BRIEFING.COM] The S&P 500 (-0.80%) is in "first" place on Friday afternoon, down about 55 points, with more aggressive losses being had elsewhere.
Briefly, S&P 500 constituents KKR (KKR 86.57, -7.05, -7.53%), Carvana (CVNA 329.67, -24.23, -6.85%), and Teradyne (TER 313.82, -18.88, -5.67%) pepper the bottom of the standings. For its part KKR slides as investors reassess private credit risk amid rising default fears, sticky inflation that could delay Fed rate cuts, and a broader risk-off move pressuring banks and alternative asset managers.
Meanwhile, AES (AES 17.28, +1.03, +6.34%) is one of today's better performers on reports that Global Infrastructure Partners and EQT AB (EQBBF 31.15, +0.95, +3.15%) are in advanced takeover talks, with investors pricing in a potential acquisition premium and validation of its AI-driven power demand exposure.
