Stock Market Update

[BRIEFING.COM] There hasn't been much up or down action at the index level in recent trading. The Nasdaq Composite trades 1.3% higher. 

Mega caps and semiconductor stocks have an outsized impact on index performance. The Vanguard Mega Cap Growth ETF (MGK) shows a 1.4% gain and the PHLX Semiconductor Index (SOX) trades 1.8% higher. 

NVIDIA (NVDA 147.76, +2.17, +1.5%), Apple (AAPL 227.00, +4.28, +1.9%), and Microsoft (MSFT 424.64, +4.47, +1.1%) are some of the influential winners. Tesla (TSLA 297.86, +9.35, +3.3%) is another big winner, still benefitting from the idea that Elon Musk's strong support of Donald Trump will be an added boon for the company.