Stock Market Update

04-Sep-26 14:30 ET
S&P 500 Falls as Sandisk Surges, Autodesk Leads Decliners
Dow -266.31 at 53419.80, Nasdaq -112.32 at 26492.79, S&P -34.02 at 7713.69

[BRIEFING.COM] The S&P 500 (-0.44%) is in second place on Friday afternoon, down about 34 points.

Briefly, S&P 500 constituents Autodesk (ADSK 218.00, -19.52, -8.32%), PTC (PTC 141.93, -8.15, -5.43%), and Netflix (NFLX79.14, -3.52, -4.26%) pepper the bottom of the standings despite a dearth of corporate news.

Meanwhile, Sandisk (SNDK 1719.21, +164.22, +10.56%) is today's top gain getter as stronger DRAM and NAND pricing, robust server demand, a broader rotation into semiconductors, and a technical bounce from key moving averages boost investor sentiment toward memory stocks.

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