Stock Market Update
27-Jun-25 12:00 ET
Energy lags as crude prices fall
Dow +480.99
at 43867.83,
Nasdaq +139.77
at 20307.70,
S&P +42.97
at 6183.99
[BRIEFING.COM] The S&P 500 (+0.7%) and NASDAQ Composite (+0.7%) continue to forge new record highs, while the Dow (+1.0%) outperforms.
The energy sector (-0.6%) trails the market and extends its losses to 3.6% for the week. Crude oil prices have dropped $0.86 in the past hour following a report that OPEC+ will discuss another large output hike.
In separate news, Bloomberg reports that the U.S. and EU expressed confidence that a trade deal can be reached before the proposed July 9 tariff deadline.
