Stock Market Update

25-Feb-26 12:35 ET
Major averages look to reclaim technical levels amid tech gains
Dow +248.53 at 49421.92, Nasdaq +242.91 at 23106.60, S&P +47.14 at 6937.20

[BRIEFING.COM] The major averages continue to hold solid gains shortly after midday. 

After two consecutive days of solid tech gains, the S&P 500 has reclaimed its 50-day moving average (6,895.87), and the Nasdaq Composite has narrowed its year-to-date loss to 0.5%. 

The information technology sector (+1.8% today, -1.7% year-to-date) remains further below its baseline amid sharp sell-offs across software names and a relatively stagnant showing from mega-cap names this year. 

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