Stock Market Update
30-Oct-26 13:35 ET
Consumer staples stocks outperform
Dow -505.29
at 51837.48,
Nasdaq -819.42
at 25385.74,
S&P -147.82
at 7572.64
[BRIEFING.COM] The major averages continue to move lower this afternoon, with the S&P 500 (-1.9%), Nasdaq Composite (-3.1%), and DJIA (-1.0%) extending their declines as semiconductor stocks remain at the forefront of the selling pressure.
Meanwhile, the consumer staples sector (+1.8%) remains near session highs, benefiting from defensive buying interest amid the broader market retreat. Walmart (WMT 123.89, +2.64, +2.18%) and Coca-Cola (KO 94.56, +1.74, +1.88%) are providing firm leadership, while Mondelez Int'l (MDLZ 64.98, +2.45, +3.92%) is also trading higher following its earnings report.
