Stock Market Update
27-Apr-26 12:05 ET
Major averages little changed at midday
Dow -123.38
at 49107.33,
Nasdaq -68.43
at 24768.17,
S&P -9.17
at 7155.91
[BRIEFING.COM] The major averages are little changed from previous values at midday.
Peloton (PTON 5.33, +0.15, +2.90%) holds a nice gain after announcing a global partnership with Spotify (SPOT 509.26, -8.74, -1.69%) to bring its premier fitness and wellness content to hundreds of millions of Spotify Premium subscribers as part of Spotify's new fitness category.
Meanwhile, Arm Holdings plc (ARM 214.26, -20.56, -8.75%) trades sharply lower, facing some profit-taking after an impressive rally that coincided with INTC's earnings last week.
