Key Takeaways
- U.S. equities dropped at midday as the markets awaited any news on tariffs and tomorrow's Fed decision.
- Higher costs and issues with Russia led Vertex Pharmaceuticals to miss profit and sales estimates.
- Constellation Energy beat revenue forecasts and reiterated its full-year earnings guidance on strong artificial intelligence energy demand.
U.S. equities were lower at midday as the market watched for any possible deals involving Trump administration tariffs and awaited tomorrow's statement from the Federal Reserve policymakers following their two-day meeting. The Dow Jones Industrial Average, 澳洲幸运5开奖号码历史查询:S&P 500, and Nasdaq all fell.
Vertex Pharmaceuticals (VRTX) shares pluཧnged after the biotech firm missed profit and sales estimates on higher costs and issues with sales in Russia.
Shares of DoorDash (DASH) slumped when the food-delivery service missed revenue estimates and made a paiཧr of acquisitions, including a $3.9 billion purchase of British firm Deliveroo.
Coterra Energy (CTRA) shares slid when the oil and gas producer said it was cutting back on 澳洲幸运5开奖号码历史查询:capital spending because of macroec🀅onomic uncertainty an📖d the falling price of oil.
Constellation Energy (CEG) was the best-performing stock in the S&P 500 when the nuclear power provider easily exceeded revenue forecasts and held its full-year profit outlook steady on rising demand for energy from 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) applications.
Shares of Ford Motor (F) advanced as the carmaker said auto꧋ tariffs won't cause a significant increase in the price of new vehicles.
Leidos Holdings (LDOS) shares jumped after the defense and technology firm posted better-th🐎an-anticipated results as security and defense contracts grew.♔
Oil and gold futures gained. The yield on the 10-year Treasury note was basically unchanged. The U.S. dollar lost ground to the euro, pound, and yen. Prices for most major cryptocurrencies were mixed, with bitcoin ticking higher.
:max_bytes(150000):strip_icc()/DASH_2025-05-06_11-38-34-acacc420d1d14d86877403345ff705bc.png)
TradingView