Stock Market Update

[BRIEFING.COM] The stock market opened to solid gains, with strong mega-cap and tech leadership pushing the Nasdaq Composite (+2.0%) out to an early advantage over the S&P 500 (+1.2%) and the DJIA (+0.3%).

The Vanguard Mega Cap Growth ETF is up 2.0% as investors seek to capitalize on weakness from the previous week. 

Seven S&P 500 sectors trade in positive territory, with the communication services (+2.3%), information technology (+2.2%), and consumer discretionary (+1.2%) sectors out ahead of the pack. 

Alphabet (GOOG 290.00, +10.30, +3.68%) and NVIDIA (NVDA 195.06, +6.91, +3.67%) are early standouts, though all of the "magnificent seven" names hold gains wider than 1.0%. 

Meanwhile, the energy (-0.8%), consumer staples (-0.6%), and real estate (-0.2%) sectors face some early pressure as investors look to more growth-oriented prospects today. That sentiment works in favor of the small-cap Russell 2000 (+1.1%), which outperforms in the early going.