Stock Market Update
26-Feb-26 13:30 ET
Dow Slips 172 Points, Down 0.6% on Week as NVIDIA, Caterpillar, Merck Lag; Salesforce Outperforms
Dow -171.83
at 49309.21,
Nasdaq -431.34
at 22720.75,
S&P -72.88
at 6875.24
[BRIEFING.COM] The Dow Jones Industrial Average (-0.35%) is down 172 points, good for "best" average of the day.
A look inside the DJIA shows that NVIDIA (NVDA 185.24, -10.32, -5.28%), Caterpillar (CAT 745.95, -20.66, -2.69%), and Merck (MRK 119.53, -2.93, -2.39%) are underperforming.
Meanwhile, Salesforce (CRM 196.68, +4.93, +2.57%) is today's top performer.
The DJIA is down now about -0.64% on the week.
Elsewhere, U.S. Treasuries hover a bit below session highs that were notched alongside a weak open in equities. The belly took the lead as stocks opened in poor fashion, and it has stayed slightly ahead since then. Today's rally has received some added encouragement from the just completed $44 bln 7-yr note sale, which was an improvement from this week's mediocre 2- and 5-yr note offerings. The 7-yr auction drew a high yield of 3.790%, which was right on the screws. However, the bid-to-cover ratio (2.50x vs 2.54x average) and indirect takedown (63.6% vs 64.4% average) were a touch below average.
