Stock Market Update
18-Aug-26 12:25 ET
Apple firmly higher despite mega-cap tech weakness today
Dow -53.07
at 53406.71,
Nasdaq -287.64
at 26378.30,
S&P -39.00
at 7706.06
[BRIEFING.COM] The S&P 500 (-0.5%), Nasdaq Composite (-1.1%), and DJIA (-0.1%) continue to trade in a relatively stable range.
Apple (AAPL 310.43, +4.84, +1.58%) is a mega-cap standout today, helping somewhat soften losses in the information technology sector (-2.0%) amid a significant selloff across semiconductor stocks. The company announced changes to its business terms for apps in the European Union, following close collaboration with the European Commission. These changes resolve Apple's disagreements with the Commission over business terms and alternative distribution. They also reduce complexity by moving every developer that distributes apps in the EU to a single set of business terms. Developers can sign the new terms today, and changes will go into effect on October 1.
