Stock Market Update

[BRIEFING.COM] The major averages continue to sit mixed, though they are trending upwards in tandem with improvements to the information technology sector (+0.8%).

The sector has done a solid job of shrugging off Intel's (INTC 46.40, -7.92, -14.58%) post-earnings weakness. Support comes from another solid day of gains across software names, sending the iShares GS Software ETF (IGV) 0.9% higher. 

Additionally, NVIDIA (NVDA 188.05, +3.21, +1.74%) and Microsoft (MSFT 466.26, +15.12, +3.35%) continue to provide solid leadership amid a decent mega-cap advance that sets the Vanguard Mega Cap Growth ETF with a 0.8% gain. 

After considerable weakness early in the week, the technology sector is now down just 0.5% for the week.