Stock Market Update
06-Apr-26 12:35 ET
AppLovin outperforms despite broader software weakness
Dow +117.50
at 46621.06,
Nasdaq +97.44
at 21976.63,
S&P +21.38
at 6606.16
[BRIEFING.COM] The S&P 500 (+0.3%), Nasdaq Composite (+0.4%), and DJIA (+0.3%) remain little changed from previous levels.
Despite relative underperformance across software names (The iShares GS Software ETF is down 0.2%), AppLovin (APP 410.77, +24.40, +6.32%) is one of the best-performing S&P 500 components today in response to several brokerage updates. BTIG raised its revenue estimates for the company while Wedbush confirmed its Outperform rating.
Elsewhere in the information technology sector (+0.3%), Apple (AAPL 259.18, +3.26, +1.27%) is a mega-cap standout today.
