Stock Market Update
09-Jul-25 11:00 ET
Major averages slip from early highs
Dow +36.55
at 44277.31,
Nasdaq +82.99
at 20501.46,
S&P +11.82
at 6237.34
[BRIEFING.COM] The major averages have wavered off their opening highs, with the S&P 500 currently up 0.2%.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 7.1 million barrels from the previous week (prior 3.845 mln). At 426 million barrels, U.S. crude oil inventories are about 8% below the five year average for this time of year.
Oil stocks are down today following an impressive showing yesterday that helped the energy sector (-0.5%) finish yesterday's session as the top performing sector, with a gain of 2.7%.
Just announced, Linda Yaccarino has stepped down as the CEO of X.
