Stock Market Update

[BRIEFING.COM] The S&P 500 stalled as it approached 6,100, coming ever so close (6,099.97) to taking out that level. For good measure, it has cleared 5,800, 5,900, and 6,000 since November 5 (Election Day).

Modest gains, though, continue to be seen across the board for the major indices, driven primarily by growth stocks, which have gotten a boost from encouraging earnings results and/or guidance from the likes of lululemon athletica (LULU 402.15, +57.34, +16.6%), Ulta Beauty (ULTA 426.72, +33.85, +8.6%), DocuSign (DOCU 103.01, +19.33, +23.1%), Asana (ASAN 21.86, +6.40, +41.6%), and Rubrik (RBRK 70.19, +16.53, +30.8%).

The Russell 3000 Growth Index is up 0.7% versus the Russell 3000 Value Index, which is flat.