Stock Market Update
26-Mar-25 10:30 ET
S&P 500 fighting to stay above 200-day moving average
Dow +146.91
at 42734.41,
Nasdaq -208.63
at 18063.23,
S&P -19.75
at 5756.90
[BRIEFING.COM] The S&P 500 is fighting to stay above its 200-day moving average (5,756). The index has traded slightly above and slightly below that level today.
The market learned a short time ago that the Congressional Budget Office estimates that if the debt limit remains unchanged, the government’s ability to borrow using established "extraordinary measures" will probably be exhausted in August or September 2025.
Stocks and bonds had a muted response. The 10-yr yield is up four basis points from yesterday at 4.35%.
