Stock Market Update

[BRIEFING.COM] The S&P 500 (flat), Nasdaq Composite (flat), and DJIA (-0.2%) are slightly improved from their earlier losses as the market enters the final hour of trading. 

The White House has extended the delay of the imminent TikTok ban until December 18, with a talk between President Trump and Chinese President Xi set to finalize a deal on Friday. 

The Wall Street Journal reports that Oracle (ORCL 304.58, +2.44, +0.81%), Silver Lake, and Andreessen Horowitz would control an 80% stake in TikTok's U.S. business, should the deal go through. 

Social media titan Meta Platforms (META 773.57, +8.87, +1.16%) is among the best-performing mega-cap stocks today, which, in tandem with a slight gain in Alphabet (GOOG 252.17, +0.41, +0.16%), has lifted the communication services sector (+0.2%) above its flatline.