Stock Market Update

28-Oct-26 12:25 ET
Crude oil surges higher
Dow +132.00 at 52509.78, Nasdaq -20.71 at 26477.54, S&P +12.76 at 7735.43

[BRIEFING.COM] The major averages remain little changed from previous levels, even as crude oil surges to session highs.

WTI crude is currently up $3.43 (+3.4%) to $103.33 per barrel, which has pushed Treasury yields to their worst levels of the session, with the 10-year note yield up four basis points to 5.03%.

The energy sector (+1.1%) is now the best-performing S&P 500 sector, steadily moving higher over the past hour and a half following a choppy open.

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