Stock Market Update

The stock market is on track for a modestly higher open this morning, with several mega-cap stocks trading higher in the pre-market. 

NVIDIA (NVDA 186.32, +1.28, +0.7%) CEO Jensen Huang name-dropped a few of those names in a CNBC interview this morning, in which he also stated that the "demand of computing has gone up substantially."

Weakness in mega-cap tech sent the major averages lower yesterday, but not before the S&P 500 and Nasdaq Composite both notched fresh record high levels. 

While there has been an increasing amount of chatter around the market's historically high valuations, investors have been quick to buy any dips along the way, keeping the market primed for further pushes into record territory.