Stock Market Update
03-Feb-26 12:05 ET
Consumer discretionary sector under pressure
Dow -120.46
at 49285.99,
Nasdaq -325.81
at 23266.32,
S&P -53.75
at 6922.68
[BRIEFING.COM] The S&P 500 (-0.7%), Nasdaq Composite (-1.2%), and DJIA (-0.2%) now sit lower across the board as weakness in tech and other growth areas continues to eat into the major averages.
The consumer discretionary sector (-0.8%) is charting session lows despite Tesla (TSLA 425.92, +4.11, +0.97%) rising to become a mega-cap standout today.
There is particular weakness across some travel-related names such as Expedia Group (EXPE 252.34, -24.33, -8.79%), Booking Holdings (BKNG 4736.89, -385.36, -7.52%), and Airbnb (ABNB 124.94, -6.37, -4.85%), though cruise lines such as Royal Caribbean (RCL 335.87, +1.82, +0.54%) and Carnival (CCL 32.62, +0.17, +0.52%) maintain modest gains after solid performances yesterday.
