From Dow Jones & Company: 2025-05-06 10:32:00

The S&P 500 experienced a 0.5% decline, with major companies reporting disappointing results. The Dow fell by 173 points (0.5%), and the Nasdaq Composite dropped by 0.7%.

Palantir Technologies took the biggest hit in the S&P, plummeting nearly 15% following its recent earnings report. Vertex Pharmaceuticals and DoorDash also saw significant losses, down nearly 12% and 9% respectively due to earnings disappointments.

Read more: Disappointing Earnings Are Weighing on the Market