Stock Market Update
19-Aug-26 12:35 ET
Non-semiconductor mega-caps sporting solid gains
Dow +133.29
at 53476.69,
Nasdaq +110.65
at 26421.39,
S&P +34.88
at 7726.64
[BRIEFING.COM] The S&P 500 (+0.5%), Nasdaq Composite (+0.4%), and DJIA (+0.3%) remain modestly higher.
Mega-cap stocks outside the semiconductor space are rebounding nicely from recent weakness.
In particular, Meta Platforms (META 551.34, +7.67, +1.41%) leads the communication services sector (+1.0%) higher after a sharp pullback yesterday amid the opening arguments of a child social media addiction case. Tesla (TSLA 347.09, +10.22, +3.03%) and Amazon (AMZN 264.63, +5.18, +1.99%) hold similar gains, contributing to broad strength in the consumer discretionary sector (+1.9%).
