Stock Market Update
28-May-26 12:30 ET
Microsoft moves higher as tech drives gains
Dow +4.05
at 50648.33,
Nasdaq +195.39
at 26891.12,
S&P +40.40
at 7560.76
[BRIEFING.COM] The major averages remain little changed from previous values shortly after midday.
Sector strength now has a positive tilt, with seven S&P 500 sectors trading at or above their baselines.
The information technology sector (+1.4%) remains a standout, supported by broad strength across its semiconductor and software components.
Microsoft (MSFT 426.26, +13.59, +3.29%) is a "Magnificent Seven" standout, moving higher following a report from The Information that the company will soon unveil a new AI-powered coding framework.
