Stock Market Update

[BRIEFING.COM] The major averages are closing in on an uneventful close, with today's sideways drift doing little to alter the standing of the major averages heading into next week. 

If anything, today's action suggests that while stocks made a nice recovery from previous geopolitical weakness, investors are still proceeding with caution ahead of next week's big tech earnings. 

Apple (AAPL 248.27, -0.08, -0.03%), Meta Platforms (META 661.08, +13.45, +2.08%), Microsoft (MSFT 467.33, +16.19, +3.59%), and Tesla (TSLA 446.99, -2.37, -0.53%) are all set to report earnings, along with a variety of other prominent tech names. 

The mega-cap complex has put together a solid session, with the Vanguard Mega Cap Growth ETF up 0.5%. However, the ETF is down 1.4% this year as focus has largely centered around the expansion of leadership into small-cap and cyclical names.