Stock Market Update

21-Sep-26 14:30 ET
S&P 500 Gains 1.5% as AKAM, QCOM and P Lead, UPS Lags
Dow +370.79 at 52053.43, Nasdaq +582.46 at 27126.05, S&P +117.00 at 7767.50

[BRIEFING.COM] The S&P 500 (+1.53%) is in second place on Monday afternoon, up a clean 117 points.

Briefly, S&P 500 constituents Akamai Tech (AKAM 116.21, +11.69, +11.18%), Qualcomm (QCOM 192.36, +14.64, +8.24%), and Everpure (P 111.98, +7.84, +7.53%) dot the top of the standings as a broader risk-on move, helped by lower oil prices and Treasury yields plus renewed enthusiasm around AI and semis, is lifting AKAM, QCOM and P, with QCOM also getting a boost from its latest AI-related technology news.

Meanwhile, UPS (UPS 94.87, -4.19, -4.23%) is today's top laggard after BofA Securities cut their target on the stock to $108 (from $115).

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