Stock Market Update
08-Apr-26 12:05 ET
Mega-caps supporting index-level gains
Dow +1260.54
at 47843.89,
Nasdaq +645.32
at 22663.18,
S&P +162.00
at 6780.94
[BRIEFING.COM] The major averages remain little changed from previous values at midday.
The stock market benefits from strong mega-cap leadership today, with the Vanguard Mega Cap Growth ETF up 2.7%.
Alphabet (GOOG 315.64, +11.71, +3.85%) is a standout, extending yesterday's strength after announcing a long-term TPU partnership with Broadcom (AVGO 348.92, +14.95, +4.48%), while Apple (AAPL 257.79, +4.29, +1.69%)recovers some of yesterday's weakness after Bloomberg reported the company's foldable iPhone is still slated for a September 2026 launch.
Meanwhile, Tesla (TSLA 348.71, +2.06, +0.59%) is largely missing out on the action, facing continued pressure after missing delivery estimates last week.
