Stock Market Update

01-May-25 11:00 ET
Mega caps, chipmakers lead
Dow +368.89 at 41038.25, Nasdaq +425.67 at 17872.01, S&P +82.90 at 5651.96

[BRIEFING.COM] The S&P 500 (+1.5%) and Nasdaq Composite (+2.5%) maintain robust gains in a broad advance. 

More stocks are participating in upside moves, leading the Invesco S&P 500 to trade 0.7% higher. 

Mega cap and chipmakers have an outsized impact on index performance. The PHLX Semiconductor Index (SOX) trades 1.6% higher and the Vanguard mega Cap Growth ETF (MGK) trades 2.7% higher.

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