Stock Market Update

18-May-26 14:30 ET
S&P 500 Slips as Weak Industrials Offset ServiceNow Surge on Upgrade
Dow -83.50 at 49442.67, Nasdaq -296.96 at 25928.18, S&P -43.73 at 7364.77

[BRIEFING.COM] The S&P 500 (-0.59%) is in second place on Monday afternoon, down 44 points and currently near session lows.

Briefly, S&P 500 constituents Comfort Systems (FIX 1841.64, -151.10, -7.58%), Qnity Electronics (Q 146.14, -11.09, -7.05%), and Coherent (COHR 357.40, -25.05, -6.55%) are holding some of the worst losses in the average.

Meanwhile, ServiceNow (NOW 103.55, +8.48, +8.92%) is today's top performer, rallying due in part to a BofA Securities resumption of coverage at a Buy, tgt $130 (~36% upside compared to Friday close).

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