Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.3%) pushed past resistance from earlier in the session to set a new all-time high at 6,487.03. The Nasdaq Composite (+0.3%) and DJIA (+0.4%) also trade at their best levels of the session. 

The improved standing of the major averages follows widening gains in the energy (+0.4%) and information technology (+0.5%) sectors, the day's top-performing S&P 500 sectors.

The technology sector continues to benefit from strength in its software components, while semiconductors perform in line with the broader market (the PHLX Semiconductor Index is up 0.3). 

NVIDIA (NVDA 181.92, +0.15, +0.08%) continues to trade flattish ahead of its earnings release this afternoon. 

Additionally, the market benefits from a narrower loss in the communication services sector (-0.1%), as Meta Platforms (META 747.88, -6.22, -0.82%) and Netflix (NFLX 1223.78, -2.31, -0.19%) are both modestly improved for the day, while Alphabet (GOOG 207.98, +0.03, +0.01%) remains flat.