Stock Market Update
27-Oct-25 15:30 ET
Major averages well positioned for record closing highs
Dow +252.34
at 47459.25,
Nasdaq +393.20
at 23598.09,
S&P +71.81
at 6863.49
[BRIEFING.COM] The S&P 500 (+1.1%), Nasdaq Composite (+1.7%), and DJIA (+0.5%) are well positioned to notch record closing highs to go along with today's intraday highs.
While today's gains are relatively broad-based, mega-cap and tech names are driving the index-level advance, as the market-weighted S&P 500 decidedly outperforms the S&P 500 Equal Weighted Index (+0.3%).
Although Amazon (AMZN 226.67, +2.46, +1.10%) still holds a solid gain for the day, the stock is charting new session lows after Reuters reported that the company aims to eliminate around 30,000 corporate jobs.
