Stock Market Update
16-Oct-25 11:00 ET
Airlines lag, defense stocks recover some losses
Dow +66.12
at 46319.22,
Nasdaq +147.39
at 22817.49,
S&P +21.55
at 6692.60
[BRIEFING.COM] The major averages are little changed from previous levels as sector strength remains firm.
The industrials sector (-0.3%) is one of just three sectors in negative territory, facing some pressure in its airline components after United Airlines (UAL 103.01, -1.04, -1.00%) delivered mixed Q3 results, beating EPS expectations but missing on revenue, a contrast to peer Delta Air Lines' (DAL 61.42, -0.09, -0.15%) strong beat-and-raise report last week.
Defense stocks lagged yesterday, weighing down the industrials sector, but have since recovered some of their losses today, with the iShares U.S. Aerospace and Defense ETF up 0.5%.
