SPX is trading 4.2% down at $195.74 as investors step back ahead of its Q2 earnings release and amid broader industrial sector pressure.
- Analysts expect the company to report approximately $640 million in revenue and $1.85 EPS on July 30, 2026.
- The drop reflects broader weakness in the XLI sector along with heightened geopolitical and Fed-related uncertainty weighing on cyclical stocks.