Stock Market Update

13-May-26 10:25 ET
Mega-cap stocks displaying some strength
Dow -149.30 at 49611.26, Nasdaq +102.48 at 26190.68, S&P +3.10 at 7404.06

[BRIEFING.COM] The Nasdaq Composite (+0.3%) has surfaced above its flatline as several mega-cap stocks begin to chart solid gains, while the S&P 500 remains flat, and the DJIA (-0.3%) lags.

Alphabet (GOOG 390.54, +6.72, +1.75%) is moving higher this morning after a lower showing yesterday. Meta Platforms (META 606.03, +3.03, +0.50%) is also higher, and as a result, the communication services sector (+1.1%) is a standout this morning.

Elsewhere, Tesla (TSLA 440.59, +7.14, +1.65%) holds a nice gain, but broader weakness across the consumer discretionary sector keeps it flat.

The Vanguard Mega Cap Growth ETF is up 0.2%.

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