Stock Market Update

[BRIEFING.COM] The S&P 500 and Nasdaq Composite have climbed to new session highs, which also qualify as record highs. The push has been paced by the mega-cap stocks—not all of them, but enough of them to make a difference.

NVIDIA (NVDA 209.53, +9.89, +4.95%), Amazon (AMZN 262.67, +7.59, +2.98%), Meta Platforms (META 675.27, +16.12, +2.45%), Alphabet A (GOOGL 342.98, +4.09, +1.21%), and Microsoft (MSFT 420.59, +4.84, +1.16%) are doing the heavy lifting.

The equal-weighted S&P 500, for its part, is flat for the day, as is the Russell 3000 Value Index.

The Russell 2000 (+0.3%) and S&P Mid Cap 400 (+0.1%) are sitting on modest gains.