Stock Market Update

15-Jul-26 10:00 ET
Major averages modestly higher on mega-cap strength, broad participation
Dow +182.53 at 52690.80, Nasdaq +119.03 at 26247.04, S&P +25.37 at 7568.96

[BRIEFING.COM] The S&P 500 (+0.3%), Nasdaq Composite (+0.5%), and DJIA (+0.4%) are modestly higher this morning on relatively broad strength.

Nine S&P 500 sectors hold gains, with the consumer discretionary sector (+1.1%) leading the advance with support from its largest components, Amazon (AMZN 251.91, +4.42, +1.78%) and Tesla (TSLA 398.17, +1.99, +0.50%).

Alphabet (GOOG 362.26, +4.93, +1.38%) helps the communication services sector (+0.8%) move higher amid a solid early showing for "magnificent seven" names.

Within the information technology sector (+0.1%), Apple (AAPL 320.73, +5.87, +1.86%) and Microsoft (MSFT 390.99, +6.06, +1.57%) are helping offset some weakness across semiconductor stocks, which are facing some modest profit-taking after a strong showing yesterday. The PHLX Semiconductor Index is down 0.5%.

The energy sector (-0.3%) is this morning's laggard, despite WTI crude oil creeping back above the $80 per barrel mark, while the industrials sector (-0.1%) also holds a modest gain.

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