Stock Market Update
06-Feb-26 14:30 ET
S&P 500 Up 1.7% as Teradyne, SMCI, and Biogen Rally; Molina Healthcare Plunges 26% on Weak Guidance
Dow +1097.71
at 50005.22,
Nasdaq +428.61
at 22969.22,
S&P +117.30
at 6915.69
[BRIEFING.COM] The S&P 500 (+1.73%) is in last place on Friday afternoon, up about 117 points.
Briefly, S&P 500 constituents Teradyne (TER 298.60, +27.47, +10.13%), Super Micro Computer (SMCI 33.82, +2.97, +9.63%), and Biogen (BIIB 200.00, +14.64, +7.90%) pepper the top of the standings. TER and SMCI rebound sharply a day after being equally pressured to the downside, while BIIB rises after beating Q4 EPS and guiding FY26 above consensus, with investors encouraged by strong pipeline momentum and upcoming key drug milestones despite a modest revenue decline.
Meanwhile, Molina Healthcare (MOH 130.60, -46.24, -26.15%) is today's worst laggard after guiding FY26 revenue well below expectations and warning that 2026 will be a "trough year" for Medicaid margins due to a continued mismatch between rates and medical cost trends. The sharp Q4 EPS swing to a loss amplified concerns about near-term profitability, causing investors to reprice the stock despite an EPS outlook that topped consensus.
