S&P 500 Today: Uber Shares Decline, Homebuilding Sector Weakens; Workday Rises
Key takeout On September 17, 2025, Uber’s stock dropped after rival announcements, though activism investors gave a boost to Workday’s shares. Uber saw a 5% decline following Lyft and its self-driving partners’ plans to commence Robotaxi services in Nashville. Workday surged after Elliott Investment Management revealed it had taken a significant stake in the enterprise […]
Construction Spending Sinks Again in June as Homebuilding Slumps and Manufacturing Surge Fades
The construction industry’s boom years may be over as one of its key strengths, the labor market, has weakened over the past year. Construction spending fell 0.3% in June to an annualized rate of $2.5 trillion, Commerce Department data showed. Economists had expected a 0.2% increase. None of those surveyed by Econoday expected a decline. […]