Stock Market Update
05-Dec-25 12:00 ET
Communication services sector benefits from mega-cap strength
Dow +98.48
at 47949.21,
Nasdaq +65.23
at 23570.40,
S&P +15.09
at 6872.20
[BRIEFING.COM] The S&P 500 (+0.2%), Nasdaq Composite (+0.3%), and DJIA (+0.2%) hold modest gains at midday amid what is becoming another relatively uneventful session.
Similar to yesterday's action, breadth figures are nearly even, with advancers outpacing decliners by a slim 7-to-6 margin on the NYSE while decliners outpace advancers by just a few dozen names on the Nasdaq.
Eight S&P 500 sectors hold gains, though only the communication services sector (+1.0%) advances more than 0.5%.
Alphabet (GOOG 322.93, +4.54, +1.43%) bounces off of yesterday's lows, while Meta Platforms (META 672.90, +11.37, +1.72%) continues to rally after Bloomberg reported yesterday that the company is considering slashing the budget of its contentious metaverse group by up to 30%.
