Stock Market Update
11-Feb-25 11:55 ET
MSFT shares hold steady after expanded partnership news
Dow +49.22
at 44518.55,
Nasdaq -26.67
at 19769.50,
S&P -0.22
at 6066.22
[BRIEFING.COM] The S&P 500 has traded close to its flat line over the last half hour. The equal-weighted S&P 500 sports a 0.2% decline.
Microsoft (MSFT 410.73, -1.49, -0.4%) shares haven't responded much to an announcement of an expanded partnership with Anduril Industries to drive the next phase of the U.S. Army’s Integrated Visual Augmentation System (IVAS) program.
The technology sector sports a 0.6% gain despite the loss in MSFT, which has been overshadowed by moves in Apple (AAPL 234.88, +7.22, +3.2%) and NVIDIA (NVDA 133.71, +0.08, +0.1%).
Other sectors trading higher include the energy (+1.1%), materials (+0.7%), consumer staples (+0.2%), and real estate (+0.03%) sectors.
