Stock Market Update

[BRIEFING.COM] The S&P 500 (+1.7%), Nasdaq Composite (+2.7%), and Dow Jones Industrial Average (+1.1%) are moving higher after a short dip.

Small and mid cap stocks are also participating in today's broad advance. The Russell 2000 trades up 1.5% and S&P Mid Cap 400 shows a 1.3% gain.

Elsewhere, semiconductor-related names continue to build on gains. The PHLX Semiconductor Index (SOX) is nearly 5% higher with every component showing a gain.

Intel (INTC 21.35, +0.59, +2.9%) is coming along for the upside ride after reaffirming its majority stake in Mobileye (MBLY), emphasizing focus on growth and autonomous driving leadership.