Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.7%), Nasdaq Composite (+0.7%), and DJIA (+0.7%) look to close the week on a higher note, treading in a steady range near session highs. 

Eight S&P 500 sectors trade in positive territory, and seven hold gains wider than 0.5%. 

The information technology sector (+0.6%) is among those sectors, steadily trading higher throughout the session as chipmaker performance has improved. After facing a loss wider than 1.5%, the PHLX Semiconductor Index (-0.2%) now sits just beneath its flatline. 

Micron (MU 202.37, -0.16, -0.08%) has rebounded from an earlier loss that followed a Reuters report that stated the company is looking to exit China's server market.