Stock Market Update
04-Sep-25 12:00 ET
Microsoft avoids antitrust fine from the EU
Dow +211.13
at 45482.36,
Nasdaq +81.08
at 21578.81,
S&P +27.77
at 6476.03
[BRIEFING.COM] The major averages chart new session highs as the market approaches midday.
Bloomberg reports that Microsoft (MSFT 507.14, +1.79, +0.35%) is nearing a deal with the EU to avoid an antitrust fine, as the company has pledged to sell its Teams application separately from its Office package.
Mega-cap names are performing in line with the broader market today, as the Vanguard Mega-Cap Growth ETF, S&P 500, Nasdaq Composite, and DJIA all hold 0.4% gains.
