[BRIEFING.COM] The S&P 500 is fractionally lower, just two points below its prior close. The Nasdaq Composite shows a 0.7% decline, weighed down by mega caps and chipmakers.
The Vanguard Mega Cap Growth ETF (MGK) shows a 0.8% decline and the PHLX Semiconductor Index (SOX) trades 0.5% lower.
Separately, KB Home (KB 60.52, +1.44, +2.4%) trades up ahead of its earnings report this afternoon.