Kroger exceeded profit and sales forecasts, while Accenture reported lower than expected bookings

From Yahoo Finance: 2025-06-20 17:31:00

The S&P 500 fell 0.2% on Friday, wrapping up the trading week. Accenture reported lower-than-expected bookings, causing shares to tumble. Kroger shares surged after exceeding profit and sales forecasts. Major U.S. equity indexes were mixed post-Juneteenth holiday. The conflict in the Middle East remained a focus.

The S&P 500 slipped 0.2%, marking its third consecutive session in the red. Nasdaq decreased by 0.5%, while Dow saw a slight gain of 0.1%. Accenture shares dropped 6.9% due to booking misses. Albemarle shares fell 4.6% on a cautious lithium market outlook. Steel Dynamics shares declined 3.2% after issuing lower profit guidance.

Kroger shares jumped 9.8% after strong fiscal Q1 results. Builders FirstSource stock rose 7.5% despite a trimmed price target. CarMax beat profit estimates, leading to a 6.6% share increase. The market continues to react to global economic uncertainty and ongoing geopolitical tensions.



Read more at Yahoo Finance: Kroger Stock Soars, Accenture Shares Drop