Stock Market Update
20-Oct-26 15:00 ET
Crude oil settles lower, S&P 500 looks to close above 50-day moving average
Dow +470.68
at 52436.92,
Nasdaq +14.31
at 26465.64,
S&P +18.42
at 7709.22
[BRIEFING.COM] The S&P 500 (+0.2%) trades just a few points above its 50-day moving average (7704) heading into the final hour of the session. Meanwhile, strength outside of technology stocks keeps the DJIA (+0.9%) firmly higher, while widening losses in Meta Platforms (META 689.76, -15.68, -2.22%) and Alphabet (GOOG 336.24, -3.92, -1.15%), as well as the information technology sector (-0.3%) retreating below its flatline, weigh on the Nasdaq Composite (+0.1%).
On the geopolitical front, Politico reports that the U.S. will offer Russian President Putin a trilateral summit between President Trump, Putin, and Zelenskyy.
Separately, crude oil futures settled today's session $2.15 lower (-2.1%) at $101.09 per barrel.
