S&P 500 Gains and Losses Today: Lululemon Stock Falls as Soft Traffic Weighs on Guidance

Major U.S. equities indexes tumbled after Friday’s inflation report came in hot, and consumer sentiment weakened significantly.

The S&P 500 lost 2.0% in the week’s final trading session. The Dow closed 1.7% lower, while the Nasdaq plunged 2.7%. All three key market gauges ended the full week in negative territory as the sign of persistent inflation and consumer pessimism exacerbated concerns about escalating tariffs and the trajectory of the economy.

Lululemon Athletica (LULU) shares suffered the heaviest losses of any S&P 500 stock, plummeting 14.2% after the maker of yoga pants and other workout attire released its quarterly results. Although Lululemon topped sales and profit estimates for its fiscal fourth quarter, the apparel company issued lower-than-expected guidance for the current quarter and full year. Executives cited a downturn in traffic as customers limit spending in the uncertain economic environment. JPMorgan analysts cut their price target on the stock, noting that tariffs and currency exchange effects could weigh on profit margins.

Warner Bros. Discovery (WBD) shares sank 5.8% following a report in The New York Times about CEO David Zaslav’s struggles to revitalize the entertainment giant’s film studio, noting that ticket sales for its movies remain 40% below 2019 levels. The entertainment giant also announced a reorganization of its streaming content acquisition teams as it aims to align its strategy for its two streaming services, Max and Discovery+, across regions.

Shares of Dollar Tree (DLTR) slipped 5.5%, giving back a portion of the strong gains posted since the discount retailer announced earlier this week that it would sell its Family Dollar brand for $1 billion. Although analysts indicated that Dollar Tree is in a good position to attract value-conscious consumers and could see an earnings boost following its separation from Family Dollar, they pointed to potential tariff-related headwinds.

W.R. Berkley (WRB) shares surged 7.5%, notching the top performance in the S&P 500 and reaching a record high after the insurance firm announced that Japan’s Mitsui Sumitomo Insurance (MSI) would acquire a 15% stake in the company. According to a statement, MSI will purchase shares on the open market and from other third parties as it accumulates its position. The news release indicated that the agreement will not affect the firm’s day-to-day operations.

Shares of Welltower (WELL), a real estate investment trust (REIT) focused on medical facilities and other health care infrastructure, added 2.3% after credit rating agency S&P Global upgraded its issuer rating. Welltower has improved its balance sheet and is expected to see additional improvement in its credit metrics over the next two years.

American Water Works (AWK), the largest regulated water and wastewater utility in the U.S., announced a plan to invest around $40 billion in its national infrastructure over the coming decade. Shares of the company advanced 2.2% on Friday.