Stock Market Update
09-Oct-26 13:25 ET
Cybersecurity stocks outperform
Dow +370.48
at 51602.33,
Nasdaq +143.62
at 27357.90,
S&P +40.97
at 7806.40
[BRIEFING.COM] The major averages remain near session highs, supported by broad participation despite continued weakness in semiconductor stocks.
Cybersecurity stocks are exhibiting notable strength, extending their recent gains amid growing demand for security solutions as cyber threats increase and AI adoption expands. Zscaler (ZS 230.97, +14.16, +6.53%), Palo Alto Networks (PANW 416.06, +17.56, +4.41%), SailPoint (SAIL 20.73, +0.71, +3.54%), Okta (OKTA 229.50, +9.29, +4.22%), CrowdStrike (CRWD 273.01, +10.00, +3.80%), and Fortinet (FTNT 193.88, +4.78, +2.53%)) are among the standouts, with Okta reaching a new 52-week high and Fortinet hitting an all-time high.
The iShares Expanded Tech-Software Sector ETF (IGV) is up 2.2%, helping offset weakness across semiconductor stocks and providing some support to the information technology sector.
