Stock Market Update
13-Aug-25 12:00 ET
DJIA outperforms
Dow +291.38
at 44749.99,
Nasdaq +9.98
at 21690.49,
S&P +7.11
at 6452.87
[BRIEFING.COM] The S&P 500 (+0.1%) and Nasdaq Composite (+0.1%) trade just above their opening levels, while the DJIA (+0.7%) holds the bulk of its early gains
President Trump has told European leaders that land swaps will be needed to end the war in Ukraine, with the president seeking a ceasefire following his Friday summit with Russian President Vladimir Putin, according to Axios.
The Wall Street Journal reports that Walmart (WMT 101.70, -1.92, -1.85%) will extend its 10% employee discount to all grocery purchases. A weak performance in the stock so far contributes to a 0.5% loss in the consumer staples sector, making it the worst-performing S&P 500 sector at this juncture.
Elsewhere, the information technology sector (-0.2%) enters negative territory as shares of NVIDIA (NVDA 180.34, -2.82, -1.54%) continue to trade lower.
