Stock Market Update
31-Jul-26 10:55 ET
Holding the line at 7,400
Dow +73.29
at 52281.35,
Nasdaq +108.71
at 25251.90,
S&P +13.09
at 7450.72
[BRIEFING.COM] The early trade today has seen some seesaw action. Opening buying interest was quickly met with a move to fade the strength. In the process, the S&P 500 went from 7,489 to 7,399, stopping nearly on top of the 7,400 level that has been an important line in the sand for traders.
The S&P 500 has gotten a technical charge with the test of 7,400 and is back challenging 7,450.
Today's advance, however, continues to be narrowly based. The strength is concentrated in a handful of large stocks. The equal-weighted S&P 500 is down 0.5%, while the Russell 2000 is down 0.9%.
