Stock Market Update
06-May-26 15:25 ET
DJIA reclaims 50,000 mark, software names lower ahead of earnings
Dow +703.33
at 50001.58,
Nasdaq +479.55
at 25805.67,
S&P +103.51
at 7362.73
[BRIEFING.COM] The S&P 500 (+1.4%) and Nasdaq Composite (+1.9%) are well positioned to capture record closing highs to go along with their record intraday levels, while the DJIA (+1.4%) reclaimed the 50,000 mark.
Despite the broad index-level growth, software names have struggled in today's session, with the iShares GS Software ETF down 0.8%.
The group will look to turn that around as several notable names report their earnings after the close and before tomorrow's open, including AppLovin (APP 466.51, -11.60, -2.43%), Fortinet (FTNT 89.75, -0.17, -0.19%), and Datadog (DDOG 141.73, -4.00, -2.74%).
