Stock Market Update

16-Jul-26 12:35 ET
Mega-cap weakness ramps up
Dow -33.49 at 52625.15, Nasdaq -248.39 at 26041.84, S&P -26.12 at 7546.28

[BRIEFING.COM] The S&P 500 (-0.4%), Nasdaq Composite (-1.0%), and DJIA (-0.1%) are back near session lows as selling pressure amps up both across semiconductor names and the broader market.

The Vanguard Mega Cap Growth ETF is down 0.9%, with NVIDIA (NVDA 207.29, -5.21, -2.45%) the worst-performing "Magnificent Seven" name amid the broader weakness across chipmakers today.

Outside of the technology sector, Tesla (TSLA 388.98, -5.48, -1.39%) and Meta Platforms (META 670.19, -11.12, -1.63%) are also laggards.

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