Stock Market Update

05-Oct-26 14:55 ET
Nasdaq at all-time highs despite flat showing from chipmakers
Dow +147.82 at 51324.69, Nasdaq +296.39 at 27508.29, S&P +58.65 at 7781.47

[BRIEFING.COM] The S&P 500 (+0.7%), Nasdaq Composite (+1.1%), and DJIA (+0.3%) continue to chart session highs this afternoon, with the Nasdaq Composite notching a fresh all-time high today.

While mega-caps remain an important contributor to today's advance, and NVIDIA (NVDA 239.09, +5.14, +2.20%) is among the gainers, the broader semiconductor group remains mixed, with the PHLX Semiconductor Index flat for the day.

Taiwan Semiconductor Manufacturing (TSM 486.15, +13.37, +2.83%) is a standout, reaching fresh 52-week highs after Elon Musk said there are talks about possibly utilizing the company for Terafab's Texas chip project, a headline which has in turn weighed on Intel (INTC 116.60, -2.72, -2.28%).

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