Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.1%), Nasdaq Composite (flat), and DJIA (-0.3%) have rebounded from session lows that followed a widening of losses in the energy (-1.8%), communication services (-0.9%), consumer discretionary (-0.9%), and financials (-1.0%) sectors. 

Additionally, the health care sector (+0.4%) has lost over half of its previous gain.

Increased strength in the information technology sector (+0.8%) limits losses at the index level, with the sector now leading the four S&P 500 sectors in positive territory. 

NVIDIA (NVDA 187.04, +5.19, +2.85%) trades at a new all-time high, with strength across semiconductor names pushing the PHLX Semiconductor Index (+0.9%) to a solid early gain. 

Apple (AAPL 255.26, +0.84, +0.33%) and Microsoft (MSFT 516.29, +1.69, +0.33%) hold more modest gains, while yesterday's sector leader, Western Digital (WDC 121.06, +4.32, +3.70%), continues to outperform.