[BRIEFING.COM] The S&P 500 (+0.2%), Nasdaq Composite (flat), and DJIA (+0.1%) are flattish amid a quiet Friday morning for the stock market.
Eight S&P 500 sectors trade higher, though the gains are modest in nature. The communication services sector (+0.9%) is the only sector that holds a gain wider than 0.5% as Meta Platforms (META 672.17, +40.69, +6.44%) is a mega-cap standout this morning, adding to an impressive rebound this week that has the stock up over 15% week-to-date.
Meanwhile, the information technology sector is flat as semiconductor stocks face some modest profit-taking after two consecutive strong sessions. The PHLX Semiconductor Index is down 1.0%.
Only the health care sector (-0.5%) holds a loss wider than 0.1%.