Stock Market Update

03-Feb-26 15:05 ET
Nasdaq Composite falls below key technical level
Dow -369.18 at 49037.27, Nasdaq -495.02 at 23097.11, S&P -90.46 at 6885.97

[BRIEFING.COM] The S&P 500 (-1.3%), Nasdaq Composite (-2.1%), and DJIA (-0.8%) sit just a slight touch above session lows as the market enters the final hour of the session. 

Sharp losses across tech names have the Nasdaq Composite underperforming today, with the weakness pushing the index into negative territory for the year (-0.6% YTD). The move also pushed the Nasdaq Composite below its 50-day moving average (23,374.58). 

The DJIA briefly touched a new intraday high this morning but is now on track for a lower finish. 

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