Stock Market Update

28-Aug-26 15:00 ET
Major averages remain lower amid quiet afternoon
Dow -40.59 at 53528.85, Nasdaq -170.34 at 26392.06, S&P -27.66 at 7703.33

[BRIEFING.COM] The S&P 500 (-0.4%), Nasdaq Composite (-0.7%), and DJIA (-0.1%) continue to trade in a steady range, modestly lower as the market enters the final hour of the session.

Afternoon developments have been relatively quiet compared to this morning's address from Fed Chair Kevin Warsh, which generated some choppiness in both the equity and bond markets.

On a related note, crude oil futures settled $0.23 lower (-0.3%) at $83.38 per barrel today amid a lack of geopolitical news.

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