Stock Market Update
23-Sep-26 12:35 ET
Consumer discretionary sector lags
Dow -302.48
at 51561.21,
Nasdaq -286.33
at 26978.99,
S&P -50.84
at 7713.80
[BRIEFING.COM] The S&P 500 (-0.7%), Nasdaq Composite (-1.1%), and DJIA (-0.6%) remain at session lows.
The consumer discretionary sector (-1.4%) is among today's weakest groups as higher interest rates and elevated energy costs fuel concerns about discretionary spending, while worries surrounding Meta Platforms' (META 758.60, +22.00, +2.99%) Muse AI agent weigh heavily on travel-related names. Expedia Group (EXPE 261.97, -18.73, -6.67%) is among the sector's biggest laggards amid concerns that AI-powered trip planning could disrupt established online travel platforms.
