Stock Market Update
29-Jan-26 12:30 ET
Major averages steady from earlier slide
Dow -5.02
at 49009.37,
Nasdaq -344.19
at 23513.28,
S&P -47.11
at 6930.91
[BRIEFING.COM] The major averages are steadily improving from this morning's sharp retreat as the market sees some modest buying interest in the early weakness.
Notably, the DJIA has recently reclaimed its flatline.
Eight S&P 500 sectors trade higher, with several re-approaching their opening high levels from this morning. Earnings continue to be the main driver of price action, with multiple sectors' top- and bottom-performing names being reactions to earnings reports.
