Stock Market Update

[BRIEFING.COM] The major averages are little changed from previous levels, sitting mixed shortly before the close. 

Market participants will have a fair share of earnings reports to assess between this afternoon's close and the start of the midweek session. 

Several components of the PHLX Semiconductor Index (+2.7%), including Texas Instruments (TXN 197.25, +0.66, +0.34%) and Seagate Tech (STX 371.69, +13.40, +3.74%), will look to continue to group's hot start to 2026 that took a step back last week after Intel (INTC 43.99, +1.50, +3.53%) saw a sharp retreat following its own earnings report. 

A mixed bag of other companies such as Starbucks (SBUX 95.84, -0.48, -0.50%), Elevance Health (ELV 324.04, -52.89, -14.03%), and GE Vernova (GEV 692.66, +26.66, +4.00%) will also be in the mix.