Stock Market Update
27-Aug-26 13:25 ET
Salesforce, Nvidia Lead Dow Higher; Index Still 1.98% Below Early-August Highs
Dow +194.21
at 53658.09,
Nasdaq +413.51
at 26564.75,
S&P +63.67
at 7739.37
[BRIEFING.COM] The Dow Jones Industrial Average (+0.36%) is in last place among the major averages, up just 194 points this afternoon.
A look inside the DJIA shows that Salesforce (CRM 249.38, +43.76, +21.28%), NVIDIA (NVDA 229.86, +20.20, +9.63%), and IBM (IBM 240.09, +10.22, +4.45%) are firmly higher.
Meanwhile, Walt Disney (DIS 107.18, -2.45, -2.23%) is underperforming.
The DJIA is now just -1.98% lower from the early-August highs.
Elsewhere, U.S. Treasuries remain trapped in a razor-thin range near their unchanged levels. The Thursday affair has largely been a snoozer, and while the market attempted to make a sustained move into the green about two hours ago, it quickly found resistance, returning all tenors back to little changed. The past few minutes saw a dip into the red, just ahead of the U.S. Treasury's $44 bln 7-yr note auction, which was right on the screws, drawing a high yield of 4.512%. The bid-to-cover ratio (2.50x) was just above average (2.48x) while indirect takedown (60.8% vs 70.1% average) made for the only soft spot.
