Update: Technology, Consumer Discretionary Push US Equity Indexes Higher

03:44 PM EDT, 10/27/2026 (MT Newswires) -- (Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexes advanced amid sector-topping performances from technology and consumer discretionary while crude oil declined. The Nasdaq Composite jumped 1.3% to 26,509.1, and the S&P 500 climbed 0.7% to 7,726.5 ahead of Tuesday's close. The Dow Jones Industrial Average edged up 0.1% to 52,422.4. Energy and real estate led the decliners. Broadcom (AVGO) could generate up to $30 billion in sales by supplying artificial intelligence equipment to Anthropic under a $63 billion financing arrangement announced Monday, Truist Securities said in a client note. Of the 20 top-performing stocks in a category with market capitalization exceeding $200 billion each, as many as fourteen were technology firms, according to data compiled by Finviz. Dell Technologies (DELL) led the pack, up 7.5%. Broadcom was among the top-10 gainers, up 4%. The iShares PHLX Semiconductor Exchange Traded Fund, with about $48.43 billion in assets under management, jumped 3.7%, trading close to an intraday high. In geopolitical news, Iranian Security Council Chief Mohsen Rezaei met Supreme Leader Ayatollah Mojtaba Khamenei on Tuesday, which is a day after holding talks with representatives of Saudi Arabia, Turkey and Pakistan, Reuters reported. Khamenei reiterated Tehran's conditions for ending the war with the US amid a regional diplomatic push to avert a fresh round of fighting in the Persian Gulf, Bloomberg reported. The front-month West Texas Intermediate crude oil contract dropped 1.9% to $99.88 per barrel, and global benchmark Brent retreated 1.6% to $114.02 per barrel.