Back to News
Feb 12, 2026 12:40 PM

S&P 500 Falls Over 1%; American Electric Power Shares Gain After Upbeat Earnings

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 350 points on Thursday.

The Dow traded down 1.21% to 49,515.62 while the NASDAQ fell 1.55% to 22,709.08. The S&P 500 also fell, dropping, 1.18% to 6,859.69.

Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings

Leading and Lagging SectorsUtilities shares gained by 2.4% on Thursday.

In trading on Thursday, information technology stocks fell by 1.5%.

Top Headline

American Electric Power Company, Inc. (NASDAQ:AEP) shares gained around 5% on Thursday after the Ohio-based utility reported upbeat fourth-quarter results.

Adjusted earnings came in at $1.19 per share, down from $1.24 a year ago but exceeding the Street estimate of $1.15. Revenue stood at $5.314 billion, ahead of the $4.887 billion analyst consensus.

Equities Trading UP           

Cognex Corp (NASDAQ:CGNX) shares shot up 33% to $57.44 after the company ...