Stock Market Update

11-May-26 15:05 ET
Major averages mostly higher
Dow -5.39 at 49603.77, Nasdaq +15.39 at 26262.46, S&P +9.31 at 7408.24

[BRIEFING.COM] The S&P 500 (+0.2%), Nasdaq Composite (+0.2%), and DJIA (flat) continue to trade mostly higher as the market enters the final hour of the session.

Sector strength remains mixed, with six S&P 500 sectors trading higher.

As for today's laggards, the communication services (-2.2%) and consumer staples (-1.3%) sectors still occupy the bottom spots on today's leaderboard. While weakness is relatively broad in both sectors, there are a few stock-specific moves related to individual headlines today.

Netflix (NFLX 85.36, -2.12, -2.43%) trades lower after Texas AG Ken Pax­ton filed suit against the company for allegedly spying on Texas Kids and consumers by illegally collecting users' data without their knowledge or consent.

Meanwhile, Tyson Foods (TSN 66.58, -1.80, -2.64%) moves lower after The Wall Street Journal reported that President Trump will suspend beef import tariffs and increase imports to help curb high beef prices.

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