Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.4%), Nasdaq Composite (+0.5%), and DJIA (+0.2%) trade at their best levels of the session. 

The top-weighted information technology sector (+0.4%) has shaken off some early sluggishness with the help of its chipmaker components, which have rebounded nicely from yesterday's pullback. 

The PHLX Semiconductor Index is up 2.1%, which pushes its week-to-date gain to 3.0%.  Sandisk (SNDK 364.33, +29.79, +8.90%) is one of the top-performing S&P 500 names today after Tom's Hardware reported the company is planning a sharp increase in enterprise SSD pricing in early 2026 as AI demand grows.

Intel (INTC 43.74, +2.63, +6.40%) is another top mover, rising sharply after President Trump posted on Truth Social that he had a great meeting with CEO Lip-Bu Tan.