Stock Market Update

29-Jan-26 15:30 ET
Apple to report earnigns after the close
Dow -81.21 at 48933.18, Nasdaq -320.51 at 23536.96, S&P -39.14 at 6938.88

[BRIEFING.COM] The major averages remain lower with just half an hour left in today's session. 

Despite some pockets of strength in the broader market, a 1.4% slide in the Vanguard Mega Cap Growth ETF following Microsoft's (MSFT 426.31, -55.32, -11.49%) earnings has so far proven to be too much to overcome. 

The mega-cap group will get a shot at redemption after the close today with Apple's (AAPL 258.34, +1.90, +0.74%) earnings release.  The focus of the quarter will be the holiday demand for the iPhone 17. The company will likely be asked about a new AI-powered Siri rollout, expected this summer. In addition, tariff costs will be of interest.

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