Stock Market Update
01-Oct-26 15:30 ET
Major averages near session highs as Micron reverses earlier loss
Dow +7.38
at 50913.34,
Nasdaq +67.21
at 26949.31,
S&P +22.12
at 7673.76
[BRIEFING.COM] The S&P 500 (+0.3%) and Nasdaq Composite (+0.3%) remain near session highs, while the DJIA continues to drift near its flat line.
Micron (MU 1088.34, +23.23, +2.18%) has reversed an early post-earnings decline and is trading near session highs, helping the PHLX Semiconductor Index (+1.5%) extend its gain as investors warm to the company's beat-and-raise results and strong AI-driven memory demand.
Elsewhere, NIKE (NKE 35.47, +0.07, +0.20%) reports Q1 results after today's close, with investors looking for signs of continued progress in its "Win Now" turnaround, particularly through better full-price selling, cleaner inventory, and improved marketplace health despite continued pressure on revenue and a challenging footwear backdrop.
