Stock Market Update
05-Jun-26 15:05 ET
Major averages on pace for week-to-date losses
Dow -649.10
at 50912.83,
Nasdaq -1010.98
at 25840.97,
S&P -180.66
at 7403.65
[BRIEFING.COM] The S&P 500 (-2.4%), Nasdaq Composite (-3.8%), and DJIA (-1.2%) continue to drift lower as the market enters the final hour of the session, with all three indices now on pace for a lower week-to-date finish.
Reuters reports that several states are prepping a lawsuit in an attempt to block Paramount Skydance's (PSKY 10.11, -0.57, -5.38%) acquisition of Warner Bros. Discovery (WBD 26.03, -0.97, -3.58%), citing antitrust concerns.
