Stock Market Update
31-Aug-26 11:00 ET
Major averages remain firmly lower
Dow -314.89
at 53245.10,
Nasdaq -101.94
at 26321.53,
S&P -32.65
at 7679.11
[BRIEFING.COM] The major averages remain little changed from previous levels.
Aon (AON 330.29, -25.11, -7.07%) is trading lower after agreeing to acquire USI Insurance Services for $17.0 billion in cash, further expanding its U.S. middle-market platform following its acquisition of NFP in 2024. While the strategic fit is clear, investors appear more focused on the size and financing of the deal. Aon plans to fund the transaction with new debt and prioritize deleveraging, and does not expect near-term share repurchases, while adjusted EPS accretion is not expected until 2028.
Take-Two (TTWO 219.19, -16.20, -6.88%) holds a similar loss, adding pressure to the communication services sector (-1.8%) as the stock retreats following video leaks of its upcoming Grand Theft Auto 6 game.
