Stock Market Update
28-Aug-26 15:35 ET
Major averages poised for mostly lower finish, though tracking for week-to-date gains
Dow -13.27
at 53556.17,
Nasdaq -191.42
at 26370.98,
S&P -19.09
at 7711.90
[BRIEFING.COM] The S&P 500 (-0.2%), Nasdaq Composite (-0.5%), and DJIA (flat) remain little changed from previous levels with just half an hour left in the session. Though stocks largely ceded their earlier gains, the major averages remain on track for a modestly higher week-to-date finish.
Workday (WDAY 205.74, +12.17, +6.29%) is poised to end the day as the best-performing S&P 500 component after Q2 results exceeded FactSet earnings expectations and slightly topped revenue estimates, with investors focusing on improving profitability, measurable AI traction, and a new repurchase authorization.
Broader weakness in the software space has the iShares GS Software ETF down 0.8%.
