Stock Market Update

09-Jul-26 12:35 ET
Oil-sensitive stocks outperforming
Dow +201.28 at 52549.67, Nasdaq +234.16 at 26125.81, S&P +52.03 at 7534.74

[BRIEFING.COM] The S&P 500 (+0.7%), Nasdaq Composite (+0.9%), and DJIA (+0.4%) are charting session highs just after midday.

Crude oil continues to move off yesterday's highs, culminating in gains across a variety of oil-sensitive stocks. Within the consumer discretionary sector (+0.4%), cruise stocks such as Norwegian Cruise Line (NCLH 19.96, +1.49, +8.07%) and Carnival (CCL 26.85, +1.21, +4.72%) lead the advance.

A similar theme is playing out across the industrials sector (+0.9%), as trucking names such as FedEx Freight (FDXF 152.61, +9.31, +6.50%) and Old Dominion (ODFL 227.14, +8.89, +4.07%) lead the strength while airlines also contribute solid gains.

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