Stock Market Update
22-Dec-25 12:05 ET
Major averages at session highs
Dow +261.06
at 48395.74,
Nasdaq +139.45
at 23447.10,
S&P +42.46
at 6876.95
[BRIEFING.COM] The S&P 500 (+0.6%), Nasdaq Composite (+0.6%), and DJIA (+0.5%) sit at session highs at midday.
Shares of Dominion Energy (D 56.57, -2.86, -4.80%) are slumping after the Department of the Interior announced today that it is pausing—effective immediately—the leases for all large-scale offshore wind projects under construction in the United States due to national security risks identified by the Department of War in recently completed classified reports.
In unrelated energy news, Alphabet (GOOG 310.90, +2.29, +0.74%) trades modestly higher after announcing a definitive agreement to acquire Intersect, which provides data center and energy infrastructure solutions, for $4.75 billion in cash, plus the assumption of debt.
