Stock Market Update
10-Oct-25 10:30 ET
Major averages continue to hold modest gains
Dow +173.32
at 46531.53,
Nasdaq +51.12
at 23075.77,
S&P +15.36
at 6750.46
[BRIEFING.COM] The S&P 500 (+0.3%), Nasdaq Composite (+0.2%), and DJIA (+0.4%) continue to sit with similar gains as eight S&P 500 sectors trade above their baselines.
The preliminary University of Michigan Consumer Sentiment reading for October checked in at 55.0 (Briefing.com consensus: 54.5) versus the final reading of 55.1 for September. In the same period a year ago, the index stood at 70.5.
The key takeaway from the report is that consumers are not expecting any meaningful improvement in prices or job prospects, a view that could potentially crimp their discretionary spending activity.
