Stock Market Update
19-May-26 12:35 ET
Semiconductor and software names flip
Dow -172.85
at 49513.27,
Nasdaq -221.52
at 25890.21,
S&P -29.45
at 7373.60
[BRIEFING.COM] The S&P 500 (-0.5%), Nasdaq Composite (-0.9%), and DJIA (-0.3%) are modestly improved from session lows as the information technology sector (-0.7%) narrows its loss.
After holding a loss wider than 2.0%, the PHLX Semiconductor Index (+0.2%) is back above its flat line. Micron (MU 708.89, +27.35, +4.01%) is now the top-performing component of the technology sector after trading lower this morning.
Meanwhile, software stocks have largely given up their early gains, with the iShares GS Software ETF down 1.0%.
