|

S&P 500 top movers: Equifax Inc shares climb to all-time high above $190

  • S&P 500 Index touched new record high above 3,700.
  • Equifax Inc (EFX: NYSE) shares register impressive gains on upbeat outlook.
  • Autozone Inc (AZO: NYSE) stock falls sharply on Tuesday.

The S&P 500 Index (SPX) started the day modestly lower but gained traction in the second half of the session and touched a new record high of 3,704. As of writing, the SPX was up 0.3% on the day at 3,703.

S&P 500 top movers

Equifax Inc (EFX:NYSE) reported on Tuesday that it sees a 19% revenue growth in the fourth quarter, compared to 8% in October forecast. At least five brokerage firms have raised their price targets and EFX surged to a fresh all-time high of $190.16 earlier in the session. As of writing, EFX was up 7.7% at $184 as the biggest daily percentage gainer on Tuesday.

Among the other top performers, Norwegian Cruise Line Holdings Ltd (NCLH: NYSE), ETSY Inc (ETSY: NASDAQ) and Marathon Oil Corp (MRO: NYSE) shares gain more than 4%. 

On the other hand, Autozone Inc (AZO: NYSE) reported its biggest gross margin decline of 62 points since 2013 and came under strong selling pressure. At the moment, AZO is down 5.15% on the day at $1,098. 

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

More from Eren Sengezer
Share:

Editor's Picks

EUR/USD climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary. 

Changing the game: International implications of recent tariff developments

The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.