Stock Market Update

08-Jul-26 15:05 ET
Major averages stable in late afternoon
Dow -581.42 at 52343.73, Nasdaq -4.10 at 25835.59, S&P -25.68 at 7478.17

[BRIEFING.COM] The Nasdaq Composite has reclaimed its flatline this afternoon as semiconductors continue to garner some buying interest, while broad oil-driven pressure keeps the S&P 500 (-0.3%) and DJIA (-1.1%) lower. Crude oil futures settled today's session $3.05 higher (+4.3%) at $73.53 per barrel.

Just released, Consumer credit decreased by $0.2 billion in May (Briefing.com consensus: $18.9 billion) following an upwardly revised $20.8 billion increase (from $20.7 billion) in April.

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