Stock Market Update
15-May-26 15:35 ET
Major averages poised to end week on a lower note
Dow -472.49
at 49590.97,
Nasdaq -376.49
at 26258.73,
S&P -76.43
at 7424.81
[BRIEFING.COM] The major averages remain firmly lower as the market enters the final half hour of the session.
Looking ahead, Baidu (BIDU 135.64, -7.65, -5.34%) trades lower ahead of its earnings release Monday morning as investors position cautiously around continued weakness in Baidu Core's online marketing business, which has struggled amid ongoing pressure in the core advertising market.
Looking even further ahead, Reuters reports that SpaceX is targeting June 11 for its IPO, and will be under the Nasdaq.
