Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.2%), Nasdaq Composite (-0.3%), and DJIA (-0.1%) remain slightly lower, little changed from previous values.

On the earnings front, Verizon (VZ 47.70, +1.32, +2.84%)  is nicely higher after reporting its Q1 results this morning. The telecom giant delivered a solid EPS beat, while revenue increased 2.9% year-over-year to $34.40 billion, missing expectations. However, Verizon raised its FY26 EPS guidance above expectations to $4.95-4.99, lifted its postpaid phone net add outlook to the upper half of its prior range, and showed improving subscriber trends, which appears to be driving the positive reaction.

Meanwhile, Domino's Pizza (DPZ 333.28, -34.55, -9.39%) is among the worst-performing S&P 500 name after reporting mixed Q1 results, with shares under pressure following a second consecutive EPS miss and softer-than-expected same-store sales trends. Revenue increased 3.5% year-over-year to $1.15 billion, in-line with Street estimates. DPZ increased its share repurchase authorization by $1 billion, but that does not seem to be helping the stock much.