Stock Market Update
19-May-26 14:55 ET
Major averages off session highs entering final hour of session
Dow -241.52
at 49444.60,
Nasdaq -190.45
at 25921.28,
S&P -39.33
at 7363.72
[BRIEFING.COM] The S&P 500 (-0.5%), Nasdaq Composite (-0.7%), and DJIA (-0.5%) remain modestly lower as the market enters the final hour of the session.
The intraday rebound across semiconductor names briefly lifted the information technology sector (-0.5%) above its flatline, but the modest gains did not hold.
The energy sector (+1.1%) now holds one of the widest gains as oil reversed its earlier losses, with crude oil futures settling today's session just $0.16 lower (-0.2%) at $108.59 per barrel. The Wall Street Journal reported that the U.S. seized an Iranian tanker in the Indian Ocean as President Trump weighs military strikes against Iran, with a separate article noting that the two sides remain far apart on negotiations.
