Stock Market Update
13-Aug-26 12:05 ET
Major averages moving off earlier highs
Dow -89.12
at 53681.15,
Nasdaq +151.37
at 26760.88,
S&P +33.01
at 7781.51
[BRIEFING.COM] The S&P 500 (+0.4%), Nasdaq Composite (+0.6%), and DJIA (-0.2%) continue to move off their earlier session highs.
Tech continues to be the main source of leadership, with the information technology sector (+0.8%), PHLX Semiconductor Index (+1.5%), and iShares U.S. Software ETF (+0.4%) all giving up a considerable portion of their earlier strength.
Meanwhile, crude oil is back above the $82.50 per barrel mark after challenging the $80 per barrel mark. That has weighed most heavily on the consumer discretionary sector, which now wrestles with its flat line after a solid early gain.
