Stock Market Update
02-Oct-26 14:25 ET
Hovering near starting levels
Dow +182.39
at 51108.86,
Nasdaq +292.39
at 27185.02,
S&P +49.42
at 7715.97
[BRIEFING.COM] The S&P 500 (+0.6%) remains just below its opening level after dipping from its session high that was reached during the initial 90 minutes of trade. Given the current standing, the benchmark index is down 0.4% for the week, while the Nasdaq (+1.1%) outperforms, tracking a 0.3% gain for the week.
Nine sectors hold gains in afternoon trade with the consumer discretionary sector (+1.2%) defending the lead. This has narrowed the group's week-to-date loss to 0.4% while top-weighted technology (+1.0%) is on track to gain 1.3% for the week.
On the downside, health care (-0.3%) underperforms today, continuing this week's show of relative weakness that has the sector down 3.0% since last Friday, largely due to underperformance among biotech names. Gilead Sciences (GILD 144.29, -3.21, -2.18%) is today's worst performer in the sector, widening this week's loss to 4.3%.
