Stock Market Update

[BRIEFING.COM] The three major indices sport gains ranging from 0.2% to 0.4%. 

Growth stocks, mega caps, and semiconductor-related names lead upside moves. The Russell 3000 Growth Index is 0.3% higher, the Vanguard Mega Cap Growth ETF (MGK) trades 0.5% higher, and the PHLX Semiconductor Index (SOX) shows a 2.4% gain.

This price action has helped boost the S&P 500 information technology sector (+1.1%), which houses growth stocks, semiconductor shares, and mega caps.