NEW YORK, December 30, 2025, 15:35 ET — Regular session
- S&P Global shares fell about 0.2% in afternoon trading as the broader market held near flat.
- The company’s Mobility unit projected U.S. auto sales to soften in 2026, citing persistent affordability pressure.
- Peers Moody’s and MSCI also traded lower, tracking a soft tone in financial data names.
S&P Global Inc shares edged lower on Tuesday as investors weighed a cautious year-end tape and fresh U.S. auto demand projections from the company’s Mobility unit.
The stock was down 0.16% at $529.25 in afternoon trading, after moving between $528.24 and $531.97.
S&P Global, a key supplier of financial data and benchmarks, operates across credit ratings, market intelligence, commodity data, automotive analytics and index services.
That mix leaves the stock closely tied to shifts in capital-markets activity and risk appetite, from corporate bond issuance that drives ratings fees to assets linked to index products.
Tuesday’s moves were modest, but thin year-end volume can magnify small changes in positioning and sector preference.
Major U.S. index-tracking ETFs hovered near flat, reflecting the subdued tone in equities. The SPDR S&P 500 ETF was down about 0.03%, while the Invesco QQQ and the SPDR Dow ETF also eased.
Other data-and-analytics names traded in a similar range. Moody’s fell about 0.5%, MSCI slid roughly 0.6%, and Intercontinental Exchange dipped about 0.2%.
S&P Global Mobility said on Monday that December U.S. light-vehicle sales are projected at 1.4 million units, implying a 15.4 million seasonally adjusted annual rate — a way of annualizing monthly sales to smooth seasonal swings. The unit sees 2026 U.S. auto sales at 15.89 million units, down 2.5% from a projected 2025 level near 16.3 million, and warned of “mixed opportunities and uncertainty for the auto industry,” according to Chris Hopson, a North American light-vehicle sales forecaster at S&P Global Mobility.
For investors, the forecast underscored the push-pull between easing inflation, household budgets and the path for interest rates — variables that can affect both consumer demand and credit conditions.
The broader market stayed choppy after minutes from the Federal Reserve’s December meeting showed policymakers agreed to cut rates only after debating the trade-offs, Reuters reported. The same report said some investors framed recent sector swings as rebalancing rather than panic selling.
S&P Global’s latest outlook for 2025 highlighted how sensitive its results can be to the deal calendar. In October, the company raised its annual revenue growth forecast to 7%–8% and lifted its adjusted earnings per share outlook to $17.60–$17.85 after strong bond issuance boosted its ratings business, Reuters reported.
Traders will be watching early-2026 indicators that tend to move the group, including corporate issuance pipelines and credit spreads — the gap between corporate bond yields and Treasuries that signals risk appetite.
The next scheduled check-in on company performance is the fourth-quarter earnings report. MarketBeat lists S&P Global’s next earnings date as an estimate of Feb. 10, based on past reporting patterns.
Until then, the stock’s tight intraday range on Tuesday signaled investors are waiting for clearer signals on rate expectations and the new-year activity reset.
