S&P Global shares declined on May 13, 2026. The drop followed the company's Mobility Global Investor Day.
Management detailed the strategic plan for the Mobility division spin-off. The company scheduled the separation for mid-2026. Traders sold the news to lock in profits following the update.
Broader financial sector weakness exacerbated the downward pressure. Geopolitical tensions and oil prices nearing $100 a barrel weighed on the market. Investor concerns regarding artificial intelligence disruption in the financial data industry further dampened sentiment.