S&P 500 slips as tech shares weigh, with Twilio and Moderna leading the declines
According to Seeking Alpha, the S&P 500 was down 0.53% in midday trading Friday, with Twilio, Moderna and Super Micro Computer posting the steepest losses.
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what happened
According to Seeking Alpha, at midday Friday the sharpest intraday drops among S&P 500 members belonged to Twilio (-11.19%), Moderna (-10.01%), Super Micro Computer (-8.23%), Palo Alto Networks (-7.61%) and CrowdStrike Holdings (-7.45%).
The index itself fell 0.53% by that point, as technology companies remained under pressure after an already difficult trading week. On the upside, Honeywell Aerospace (+3.32%), Idexx Laboratories (+3.28%), EQT Corp. (+2.94%), Kinder Morgan (+2.86%) and NiSource (+2.78%) led gains.
why it matters
Weakness in technology remains the main drag on the broad index, since large software and infrastructure names carry significant weight in the S&P 500. Gains in energy and utility shares suggest some capital is rotating toward more defensive sectors. This is a snapshot of a single session and says little about where the market goes next.
instruments
sources
- Midday Pulse: S&P 500 top intraday losers — seekingalpha.com, 16 October 2026 at 16:07 UTC
- Midday Pulse: S&P 500 top intraday gainers — seekingalpha.com, 16 October 2026 at 16:03 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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