Stock Market Update
15-May-26 12:30 ET
Major averages remain firmly lower
Dow -462.58
at 49600.88,
Nasdaq -310.88
at 26324.34,
S&P -69.20
at 7432.04
[BRIEFING.COM] The S&P 500 (-0.9%), Nasdaq Composite (-1.2%), and DJIA (-0.9%) remain firmly lower shortly after midday.
The financials sector (-0.3%) is one of the more resilient sectors today, supported by relative strength in financial software names amid the broader gains across software stocks. The iShares GS Software ETF is up 1.2%.
Meanwhile, Coinbase Global (COIN 194.20, -17.81, -8.40%) is the worst-performing S&P 500 component as Bitcoin slides 2.3%, moving back below the $80,000 mark.
