Stock Market Update
17-Sep-26 12:00 ET
Software stocks higher, Workday surges on take-private talks
Dow +360.48
at 51822.38,
Nasdaq +425.59
at 26425.06,
S&P +84.52
at 7636.33
[BRIEFING.COM] The major averages continue to trade in a steady range at midday.
Workday (WDAY 197.28, +9.52, +5.07%) is surging again today after CNBC reported that take-private financing efforts are continuing. The stock surged nearly 20% on August 13 after Reuters reported that Silver Lake is in talks to acquire the company. More broadly, software stocks as a group are mostly higher today, with the iShares GS Software ETF up 0.8%. Oracle (ORCL 151.58, +8.42, +5.88%) is a mega-cap standout today, while AppLovin (APP 316.60, -9.96, -3.05%) is one of the worst-performing names in the S&P 500.
