Stock Market Update

21-Aug-25 12:00 ET
Energy sector gains while broader market retreats
Dow -193.36 at 44744.95, Nasdaq -83.21 at 21088.26, S&P -26.42 at 6369.36

[BRIEFING.COM] The major averages are now just above session lows.

The energy sector (+0.3%) now emerges as the best-performing S&P 500 sector, benefiting from a $0.54 increase in oil to $63.29 per barrel, a change of 0.9%.

CNBC reports that DOJ official Edward Martin wrote an address to Fed Chair Powell calling on him to remove Fed Governor Lisa Cook in response to allegations of mortgage fraud. 

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