Stock Market Update

[BRIEFING.COM] The Dow Jones Industrial Average trades about 1,000 points higher, the S&P 500 trades 3.0% higher, and the Nasdaq Composite shows a 4.0% gain.

Gains in mega caps and chipmakers have an outsized impact on the major indices. The Vanguard Mega Cap Growth ETF (MGK) shows a 4.2% gain and the PHLX Semiconductor Index (SOX) trades 5.6% higher. 

NVIDIA (NVDA 103.85, +4.93, +5.0%), Tesla (TSLA 255.92, +18.14, +7.4%), Amazon.com (AMZN 185.73, +12.74, +7.4%), Apple (AAPL 207.23, +7.35, +3.8%), and Microsoft (MSFT 379.59, +12.81, +3.5%) are influential winners in today's broad advance.