Stock Market Update
22-Jan-26 14:55 ET
Market continues to display signs of recovery
Dow +397.02
at 49473.04,
Nasdaq +223.58
at 23448.43,
S&P +44.22
at 6919.83
[BRIEFING.COM] The S&P 500 (+0.7%), Nasdaq Composite (+1.1%), and DJIA (+0.8%) are little changed from previous levels as the market enters the final hour of the session.
With today's gains, the major averages now all sit above their 50-day moving averages, a technical level that the S&P 500 and Nasdaq Composite closed beneath on Tuesday. However, both indices have yet to re-enter positive week-to-date territory after the pullback, with both sitting 0.3% lower for the week.
Bloomberg reports that the EU is expected to unfreeze and ratify its trade agreement with the U.S., potentially bringing a temporary end to the geopolitical tensions that sparked Tuesday's selloff.
