Stock Market Update
02-Jun-26 15:35 ET
Mega-caps weighing on major averages
Dow +274.48
at 51353.36,
Nasdaq -10.73
at 27097.08,
S&P +10.48
at 7610.44
[BRIEFING.COM] The S&P 500 (+0.2%) and DJIA (+0.5%) are well positioned to notch record closing highs to go along with today's record intraday levels, while the Nasdaq Composite remains flat.
NVIDIA (NVDA 222.42, -1.94, -0.86%) has moved into negative territory for the day, with mixed strength across other mega-cap names weighing on the Nasdaq Composite. The Vanguard Mega Cap Growth ETF is down 0.4%.
Meanwhile, several cyclical sectors, including the materials (+1.3%), energy (+1.3%), and industrials (+0.9%) are near their best levels of the session.
