Stock Market Update
23-Sep-26 15:00 ET
Major averages remain lower amid weak participation
Dow -310.30
at 51553.39,
Nasdaq -288.43
at 26976.89,
S&P -53.14
at 7711.50
[BRIEFING.COM] The S&P 500 (-0.7%), Nasdaq Composite (-1.1%), and DJIA (-0.6%) continue to trade in a relatively tight range near session lows as the market enters the final hour of the session.
Crude oil futures settled today's session $1.94 higher (+2.1%) at $92.46 per barrel, adding to today's broad-market pressure while keeping the energy sector (+0.9%) firmly higher. Breadth remains poor, with decliners outpacing advancers by more than 3-to-1 on both the NYSE and Nasdaq, fueling concerns about broader participation as fewer than 50% of S&P 500 components trade above their 200-day moving averages.
With exactly one week left in September, only the information technology (+4.1%) and communication services (+4.7%) sectors are on pace for month-to-date gains. The PHLX Semiconductor Index is up 8.6% over that period, supporting the technology sector, while the communication services sector is supported by an impressive 30.1% gain in Meta Platforms (META 748.84, +12.25, +1.66%).
