Stock Market Update
30-Apr-26 15:25 ET
Major averages firmly higher late in afternoon trade
Dow +872.54
at 49734.35,
Nasdaq +248.98
at 24922.22,
S&P +80.22
at 7216.17
[BRIEFING.COM] The S&P 500 (+1.1%) and Nasdaq Composite (+1.0%) are well positioned to notch record closing highs to go along with their new record intraday levels. While the DJIA (+1.8%) remains around 1.6% below its own record high, strength in the broader market keeps it poised for an even wider gain today.
Earnings growth has provided the main catalyst for today's rally, but it is worth noting that tame oil prices have provided an accommodative backdrop, despite the U.S. and Iran remaining at an impasse.
Crude oil futures settled today's session $1.83 lower (-1.7%) at $105.15 per barrel.
