Stock Market Update

08-Oct-26 15:35 ET
Semiconductor weakness keeps major averages mostly lower
Dow +28.47 at 51208.55, Nasdaq -372.44 at 27187.19, S&P -42.80 at 7759.04

[BRIEFING.COM] The S&P 500 (-0.5%), Nasdaq Composite (-1.3%), and DJIA (+0.1%) remain mostly lower with just half an hour left in the session.

Crude oil futures settled $3.25 higher (+3.7%) at $91.47 per barrel, which is well off its earlier highs. The retreat in oil prices and Treasury yields helped prompt some gains across the broader market, though intensifying selling pressure across semiconductor stocks keeps the S&P 500 and Nasdaq Composite firmly lower.

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