Stock Market Update

08-May-26 15:30 ET
Akami Tech higher on Anthropic deal
Dow -40.29 at 49556.68, Nasdaq +393.22 at 26199.41, S&P +55.28 at 7392.39

[BRIEFING.COM] The S&P 500 (+0.8%) and Nasdaq Composite (+1.5) are well positioned to capture record closing highs to go along with their record intraday levels, while the DJIA (-0.1%) battles to close with a gain.

Bloomberg reports that Anthropic is the firm behind a $1.8 billion cloud computing deal with Akamai Tech (AKAM 148.43, +31.74, +27.20%) that sent the stock sharply higher after earnings today.

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