Stock Market Update

27-Jul-26 15:00 ET
Oil settles firmly lower
Dow +224.49 at 52171.74, Nasdaq -41.48 at 24955.35, S&P +0.24 at 7412.22

[BRIEFING.COM] The S&P 500 (flat), Nasdaq Composite (-0.2%), and DJIA (+0.4%) continue to trade in a tight range as the market enters the final hour of the session.

Bloomberg reports that President Trump told reporters there is a "good chance" of a deal with Iran, and crude oil futures settled today's session $6.69 lower (-7.5%) at $82.65 per barrel.

Not much has changed at the sector level this afternoon as strength remains relatively broad. The PHLX Semiconductor Index (-2.9%) is off its worst levels of the session, but weakness across chipmakers continues to put some pressure on the major averages.

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