Stock Market Update
11-Aug-26 12:30 ET
Mega-caps moving lower
Dow -90.99
at 53884.99,
Nasdaq -121.22
at 26505.16,
S&P -14.03
at 7739.08
[BRIEFING.COM] Mega-cap stocks have slipped to their worst levels of the session, contributing to the modest drift lower across the major averages at midday.
The Vanguard Mega Cap Growth ETF is down 0.4%, with Alphabet (GOOG 349.00, -6.84, -1.92%) and Amazon (AMZN 271.71, -6.38, -2.29%) weighing heavily on the communication services (+0.9%) and consumer discretionary (+0.8%) sectors.
Meanwhile, the S&P 500 Equal Weighted Index (+0.3%) remains higher, highlighting the influence of the market's largest names at the index level.
