Stock Market Update
02-Oct-26 15:00 ET
SpaceX firmly higher
Dow +233.49
at 51159.96,
Nasdaq +311.49
at 27204.12,
S&P +55.22
at 7721.77
[BRIEFING.COM] The S&P 500 (+0.7%), Nasdaq Composite (+1.2%), and DJIA (+0.4%) are sustaining today's advance as the market enters the final hour of today's session, though the gains keep only the Nasdaq Composite (+1.2%) on track for a higher week-to-date finish.
Part of the Nasdaq's strength is due to a sizable gain in SpaceX (SPCX 158.89, +10.82, +7.31%), which is being attributed to favorable analyst commentary regarding demand for its Grok Bot. While the stock is still more than 30% off its all-time high from June 16, it now trades more than 10% above its 200-day moving average of $143.64.
