Stock Market Update
12-Aug-25 15:00 ET
Major averages near session highs
Dow +452.06
at 44427.15,
Nasdaq +266.77
at 21650.78,
S&P +65.37
at 6438.82
[BRIEFING.COM] The major averages trade near their session highs, with the Nasdaq Composite (+1.3%) leading the DJIA (+1.1%) and S&P 500 (+1.0%).
Following earlier comments from BLS Commissioner nominee E.J. Antoni suggesting that the monthly jobs report could be paused to fix methodology during a Fox Business interview, White House Press Secretary Karoline Leavitt said that the plan is for the BLS to continue to publish monthly reports.
Texas Attorney General Ken Paxton has filed a lawsuit against Eli Lilly (LLY 637.35, +2.13, +0.34%), claiming that the company bribed providers to prescribe its medications.
