NEW YORK, Feb 6, 2026, 13:11 (EST) — Regular session
S&P Global Inc shares slipped 2.5% to $440.25 on Friday, deepening their slide while U.S. stocks held steady overall. The stock fell to an intraday low of $440.08 after starting the day at $452.16, compared with Thursday’s close of $451.71.
The drop hit as markets recalibrate their views on AI’s potential—and its risks. By 12:10 p.m. ET, the S&P 500 had climbed 1.6%, with the Nasdaq Composite up 1.7%. Robert Pavlik, senior portfolio manager at Dakota Wealth, noted the market “was getting a bit overdone to the downside” before the bounce. Reuters
Since Jan. 28, the S&P 500 software and services index has lost roughly $1 trillion in market value, dragged down by concerns over spending and the rapid rollout of new AI technologies. AJ Bell investment director Russ Mould noted that investors are pulling back from stocks “where positive surprises may be hard to achieve.” Reuters
Worries that large language models—AI systems trained on vast text datasets—are encroaching on the core workflow tools offered by data and software companies have fueled the selloff. “The selloff … is a manifestation of an awakening to the disruptive power of AI,” said James St. Aubin, chief investment officer at Ocean Park Asset Management. Reuters
S&P Global shifted gears this week, emphasizing more research and collaboration. On Thursday, the company unveiled “Partner Perspectives,” a new thought-leadership initiative with Vanguard, debuting its first volume at an event held at the New York Stock Exchange. “Market participants need more than data. They need trusted, high‑quality perspectives,” said Catherine Clay, CEO of S&P Dow Jones Indices. News Release Archive
S&P Global operates across Market Intelligence, Ratings, Commodity Insights, Mobility, and S&P Dow Jones Indices. The firm provides data, benchmarks, and credit ratings that investors, traders, and corporate finance teams rely on. Reuters
Friday’s slide wasn’t limited to financial information. Moody’s dropped 1.7%, MSCI fell 1.8%, and Nasdaq Inc lost 0.7%; FactSet barely budged.
But the downside is real. Should AI tools cut into the value of paid datasets or push down prices for analytics products, the prized high-margin subscription model might slow down — not collapse instantly, but enough to force a rethink on multiples.
S&P Global’s credit ratings arm depends heavily on capital markets activity. When debt issuance slows, volumes and fees take a hit, regardless of any day-to-day market rallies.
On Tuesday, investors will get a crucial update as S&P Global reports its fourth-quarter and full-year 2025 results around 7:15 a.m. Eastern Time. A conference call is set for 8:30 a.m. investor.spglobal.com
