U.S. stocks on the move: Huron Consulting, Crown Castle, Bloom Energy
SPY•Crown Castle rose 10.8% and Bloom Energy fell 11.4% among the day’s biggest S&P 500 movers. Huron Consulting was poised to hit a record ahead of its addition to the S&P SmallCap index.
1. Major stock moves
Crown Castle rose 10.8%, while Bloom Energy fell 11.4%, putting them among the biggest S&P 500 percentage movers. Huron Consulting was poised to hit a fresh record ahead of its addition to the S&P SmallCap index.
2. Market backdrop
The S&P 500 and Nasdaq touched five-week lows as investors showed caution following a sharp selloff in AI-linked stocks. Telecom stocks fell on fears that increased competition from SpaceX could erode their market share.
