Stock Market Update
09-Dec-25 13:30 ET
Dow Slips as JPM, Boeing, Merck Drag; Cisco Outperforms Amid +12% YTD Gain
Dow -95.06
at 47644.05,
Nasdaq +69.39
at 23615.33,
S&P +8.19
at 6854.69
[BRIEFING.COM] The Dow Jones Industrial Average (-0.20%) is the sole major average in the red this afternoon, down about 95 points.
A look inside the DJIA shows that JPMorgan Chase (JPM 301.18, -14.03, -4.45%), Boeing (BA 201.11, -5.16, -2.50%), and Merck (MRK 96.96, -1.97, -1.99%) are some of today's top laggards.
Meanwhile, Cisco (CSCO 79.81, +0.95, +1.20%) is outperforming.
The DJIA is now +11.98% higher YTD with about three weeks left in the year.
Elsewhere, the 10-yr note reopening saw the high yield of 4.175% stop on the screws of the when-issued yield (4.175%) in what can be described as an average auction. The 2.55 bid-to-cover ratio was in line with the prior 12-auction average, while the indirect bid and direct bid were both close to their prior 12-auction averages. There was little response in the Treasury market to the auction results. The same can be said about the stock market.
