Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.1%) sits just above its flatline, in between a modest gain for the DJIA (+0.2%) and a slight loss for the Nasdaq Composite (-0.1%). 

Yesterday's modest rally in mega-cap tech has lost some steam, with mixed performances across the market's largest names. NVIDIA (NVDA 187.73, -1.48, -0.78%) and Alphabet (GOOG 314.32, -1.36, -0.43%), which outperformed yesterday, are modestly lower. The information technology sector is flat, while the communication services sector (-0.2%) is an early laggard.

Meanwhile, the defensive consumer staples (+0.4%) and health care (+0.3%) sectors are among the early leaders. 

At the individual stock level, NIKE (NKE 60.24, +2.90, +5.05%) is the early leader across S&P 500 names after Director Tim Cook (Apple CEO) bought 50,000 shares at $58.96 - $58.97 worth approximately $2949K. Director Robert Swan also disclosed the purchase of 8,691 shares worth approximately $500K.