Stock Market Update
29-Sep-26 14:30 ET
S&P 500 Dips as URI, LULU and FDS Fall; CBOE Jumps on S&P Options Deal
Dow -191.94
at 51289.48,
Nasdaq -34.57
at 26806.85,
S&P -14.62
at 7669.17
[BRIEFING.COM] The S&P 500 (-0.19%) is down about 15 points this afternoon, in second place among the major averages.
Briefly, S&P 500 constituents United Rentals (URI 1006.21, -37.71, -3.61%), lululemon athletica (LULU 97.15, -3.43, -3.41%), and FactSet (FDS 258.59, -9.08, -3.39%) pepper the bottom of the average by today's broad risk-off move as Treasury yields surge to multiyear highs, while LULU also faces lingering concerns over its weaker outlook and product demand.
Meanwhile, Cboe Global Markets (CBOE 268.77, +15.51, +6.12%) is near the top of the standings after securing a 25-year extension of its exclusive S&P 500 options licensing agreement, removing a major competitive and terminal-value overhang and supporting long-term growth prospects.
