Stock Market Update

12-Aug-26 12:05 ET
Communication services sector lags
Dow +39.59 at 53831.44, Nasdaq +111.52 at 26577.99, S&P +16.53 at 7744.73

[BRIEFING.COM] The major averages remain little changed from previous values at midday.

However, the communication services sector (-1.2%) is charting session lows, with Meta Platforms (META 581.97, -17.15, -2.86%) a "Magnificent Seven" laggard amid a weak showing for non-semiconductor mega-cap stocks.

Charter Comm (CHTR 149.70, -8.00, -5.07%) is also one of the worst-performing S&P 500 names, despite a dearth of corporate news.

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