Stock Market Update
07-Jul-26 12:25 ET
NVIDIA's gain helps lift major averages from session lows
Dow -140.40
at 52915.51,
Nasdaq -181.93
at 25960.23,
S&P -21.17
at 7516.26
[BRIEFING.COM] The S&P 500 (-0.4%), Nasdaq Composite (-0.8%), and DJIA (-0.4%) continue to improve from session lows.
Part of the index-level improvement can be attributed to the market's largest company, NVIDIA (NVDA 196.66, +1.11, +0.57%), which now trades higher after holding a loss of nearly 2% earlier in the session despite a dearth of corporate news. NVIDIA's gain helps both the PHLX Semiconductor Index (-4.4%) and information technology sector (-1.1%) rise from earlier lows. With NVIDIA's gain, Tesla (TSLA 406.93, -12.84, -3.06%) is now the only "Magnificent Seven" stock that currently trades lower.
