Stock Market Update
19-Aug-26 11:05 ET
Major averages now higher despite tech weakness
Dow +353.29
at 53696.69,
Nasdaq +108.77
at 26419.51,
S&P +50.30
at 7742.06
[BRIEFING.COM] The S&P 500 (+0.7%), Nasdaq Composite (+0.5%), and DJIA (+0.6%) now trade higher across the board as the market's broad strength begins to outweigh weakness across semiconductor stocks.
The PHLX Semiconductor Index (-1.6%) is off its worst levels of the morning, though memory names such as Seagate Tech (STX 843.56, -60.12, -6.65%) and Western Digital (WDC 470.06, -26.10, -5.26%) remain among the worst-performing S&P 500 components.
Elsewhere in the information technology sector (-0.4%), computer hardware names such as Dell (DELL 436.48, -32.17, -6.86%) and Hewlett Packard Enterprise (HPE 52.62, -3.07, -5.51%) are laggards.
