Stock Market Update
25-Mar-26 10:30 ET
Major averages maintain early gains as tech moves higher
Dow +338.21
at 46461.16,
Nasdaq +267.35
at 22029.25,
S&P +51.21
at 6609.57
[BRIEFING.COM] The S&P 500 (+0.8%), Nasdaq Composite (+1.2%), and DJIA (+0.7%) are maintaining their early gains despite Iranian officials announcing on state television that the war will only end on their terms, rejecting the demands of the U.S. to halt attacks.
The information technology sector (+1.2%) is charting session highs, with semiconductor names joining in on the gains early gains enjoyed by hardware names. Intel (INTC 47.13, +3.07, +6.98%) and Advanced Micro Devices (AMD 219.35, +13.98, +6.81%) are among the outperformers that push the PHLX Semiconductor Index 1.6% higher.
However, memory storage names including Sandisk (SNDK 678.84, -23.64, -3.37%) and Micron (MU 383.29, -12.24, -3.09%) are seeing a continuation of recent weakness after Google Research introduces TurboQuant, which it claims to dramatically reduce AI memory requirements.
