Stock Market Update
10-Sep-26 11:05 ET
Communication services sector outperforms
Dow -278.49
at 52102.17,
Nasdaq -122.44
at 26151.95,
S&P -36.19
at 7600.17
[BRIEFING.COM] The major averages remain firmly lower, though they continue to improve from their worst levels of the morning.
Nine sectors remain in negative territory, though the communication services sector (+0.3%) is a rare bright spot, supported by strength in Reddit (RDDT 154.57, +8.13, +5.55%) , which is the top-performing S&P 500 component today.
Additionally, Comcast (CMCSA 24.92, +0.34, +1.36%) and Charter Comm (CHTR 139.04, +5.15, +3.85%) are rebounding from yesterday's weakness that followed Comcast's comments regarding heightened "competitive intensity" at the Goldman Sachs Communacopia + Technology Conference.
