Stock Market Update

04-Aug-25 12:25 ET
Consumer dicretionary sector leads the advance
Dow +476.95 at 44065.53, Nasdaq +365.09 at 21013.84, S&P +80.41 at 6318.42

[BRIEFING.COM] A lack of headlines has kept the major averages near their session highs as the market approaches midday.

The stock market got off to a strong start, with a "buy the dip" disposition that has erased much of Friday's retreat. 

Sector strength remains high, as only the energy sector (-0.2%) trades in negative territory.

Meanwhile, the communication services sector (+2.2%) supplants the information technology sector (+2.1%) as the best-performing S&P 500 sector. 

The sector benefits from strong leadership from Meta Platforms (META 771.89, +21.88, +2.9%) and Alphabet (GOOG 194.87, +4.92, +2.6%), though The Trade Desk (TTD 89.30, +3.22, +3.7%) is the top gainer within the sector.

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