Stock Market Update

08-Jan-26 10:30 ET
Consumer staples sector outperforms
Dow +147.30 at 49143.17, Nasdaq -102.84 at 23481.46, S&P +2.38 at 6923.30

[BRIEFING.COM] The S&P 500 has clawed its way back to its flatline, while the Nasdaq Composite (-0.5%) remains lower and the DJIA (+0.3%) outperforms. 

Only the information technology sector (-1.6%) holds a loss, though it is steep enough to prevent index-level gains despite a strong broader market. 

The consumer staples sector (+1.9%) holds the widest gain at this juncture, with a majority of its components trading higher. 

Constellation Brands (STZ 149.04, +8.55, +6.09%) holds the widest gain after beating EPS expectations by $0.43, beating revenue expectations, and guiding FY26 EPS expectations in-line.

Costco (COST 927.16, +44.58, +5.05%) holds a similar gain after reporting strong December adjusted comparable sales of +6.2%.

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