Stock Market Update
05-Feb-26 12:35 ET
Major averages steadily improving
Dow -335.82
at 49164.27,
Nasdaq -189.41
at 22715.19,
S&P -50.43
at 6832.28
[BRIEFING.COM] The S&P 500 (-0.7%), Nasdaq Composite (-0.7%), and DJIA (-0.6%) continue to tick higher just after midday.
The S&P 500 is now just 0.1% lower for the year after moving well beneath that mark this morning. However, the index remains 0.6% below its 50-day moving average that was also violated this morning.
The information technology sector (-0.3%) has narrowed its loss by a considerable margin, with semiconductor stocks garnering some buying support. NVIDIA (NVDA 175.43, +1.24, +0.71%) re-enters positive territory, and the PHLX Semiconductor Index is now 0.6% higher for the day.
