Stock Market Update
28-Aug-26 12:35 ET
Stocks facing pressure at midday
Dow +23.48
at 53592.92,
Nasdaq -93.52
at 26468.88,
S&P -9.04
at 7721.95
[BRIEFING.COM] The major averages are back near session lows just after midday.
U.S. Treasuries are also under pressure, with the 10-year note yield now up four basis points to 4.72%.
In addition to concentrated weakness in the information technology sector (-1.0%), strength in the broader market has waned, withsix S&P 500 sectors now trading lower. Decliners now outpace advancers by a roughly 3-to-2 margin on the NYSE and a roughly 2-to-1 clip on the Nasdaq.
