Stock Market Update

08-Jun-26 14:30 ET
Taking a bite out of Apple
Dow +29.66 at 50896.44, Nasdaq +312.02 at 26042.44, S&P +46.30 at 7430.04

[BRIEFING.COM] Today's primary trading trends remain intact, with strength in the rebound effort concentrated in the tech sector just as Friday's sell-off was.

Notably, Apple (AAPL 304.80, -2.54, -0.82%) kicked off its Worldwide Developers Conference today, where it introduced Siri AI and other AI features for its products. Investors seemed to be underwhelmed, as shares of Apple retreated during the presentation, which ended a short time ago.

AAPL had been up as much as 3.3% earlier today but has turned negative for the session. That has curtailed some of the information technology sector's (+1.9%) strength, but it hasn't derailed its position as a relative and absolute strength leader thanks to the heady gains seen in many of the semiconductor stocks.

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