Stock Market Update
07-Oct-26 15:05 ET
Major averages remain modestly lower
Dow -323.53
at 51197.66,
Nasdaq -101.52
at 27519.31,
S&P -18.52
at 7800.51
[BRIEFING.COM] The S&P 500 (-0.2%), Nasdaq Composite (-0.3%), and DJIA (-0.6%) remain modestly lower but sit near their best levels entering the final hour of the session.
Gold and silver both settled lower today as elevated Treasury yields and a stronger dollar pressured precious metals, weighing on Newmont Corporation (NEM 113.62, -2.77, -2.38%) and other mining-related names in the materials sector (-1.3%).
Meanwhile, crude oil futures settled today's session $1.22 lower (-1.4%) at $88.22 per barrel.
On the data front, consumer credit increased $8.3 billion in August (Briefing.com consensus $15.2 billion), from a previous increase of $17.7 billion in July.
