Stock Market Update

16-Jun-26 15:00 ET
CoreWeave sharply higher
Dow +389.12 at 52060.15, Nasdaq -185.19 at 26519.74, S&P -28.15 at 7526.14

[BRIEFING.COM] The S&P 500 (-0.3%) and Nasdaq Composite (-0.6%) are drifting to new session lows as the market enters the final hour of the session, though solid participation from the broader market keeps the DJIA on pace for a record closing high.

Though not a member of the information technology sector (-1.8%) or the S&P 500 for that matter, CoreWeave (CRWV 117.83, +11.12, +10.42%) trades sharply higher after the company said it delivered the fastest DeepSeek-V3 671B training performance in the benchmark, completing the training in 2.02 minutes on 8,192 NVIDIA (NVDA 208.97, -3.48, -1.64%) GB300 NVL72 GPUs.

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