Stock Market Update
16-Sep-25 11:00 ET
Major averages little changed from previous levels
Dow -164.44
at 45718.80,
Nasdaq -4.03
at 22344.72,
S&P -8.69
at 6606.59
[BRIEFING.COM] The major averages trade in a stable range after retreating from their slight opening gains.
Oracle (ORCL 308.32, +6.18, +2.04%) will keep its existing cloud deal with TikTok as a part of the framework agreement that is set to bring TikTok under U.S. control in the next 30-45 days, according to CNBC. The stock still holds a nice gain for the day but is off earlier session highs.
In other corporate news, the FDA has issued a warning letter to Hims & Hers Health (HIMS 50.51, -3.45, -6.39%), alleging that the company's "claims concerning compounded semaglutide products are false or misleading."
