Stock Market Update

03-Sep-25 15:25 ET
Major averages near session lows just before the close
Dow -236.22 at 45059.59, Nasdaq +121.34 at 21400.97, S&P +6.83 at 6422.37

[BRIEFING.COM] The S&P 500 (+0.1%) defends its baseline while the tech-heavy Nasdaq Composite (+0.5%) holds on to about half of its previous gain, and the DJIA (-0.5%) continues to lag as the market enters the final half hour of trading.

A multitude of Fed headlines have crossed the wires today, with CNBC recently reporting that Senator Tillis (R-NC) won't consider anyone the president nominates to replace Fed Governor Cook until her case is adjudicated by the court.

The market will receive a mixed bag of earnings reports after the close today, including releases from American Eagle (AEO 13.76, +0.25, +1.85%), Salesforce (CRM 255.86, +3.00, +1.19%), and the first earnings report from Figma (FIG 66.33, +0.76, +1.16%) after its IPO debut in late July.

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