[BRIEFING.COM] The S&P 500 (+0.9%), Nasdaq Composite (+1.0%), and DJIA (+0.9%) continue to steadily chart session highs despite a dearth of notable developments today.
The action comes on lower than average volume, which is unsurprising given the market will be closed for the Thanksgiving holiday tomorrow.
The technology sector (+1.6%) continues to provide solid leadership, with several of its components making some of today's largest moves.
Dell (DELL 134.56, +8.64, +6.86%) holds one of the widest gains across S&P 500 names after its largest EPS beat in three quarters. Meanwhile, Workday (WDAY 211.02, -22.66, -9.70%) also delivered an earnings beat, but investors were disappointed by revenue and guidance that merely met expectations rather than exceeded them. The underlying fundamentals—steady subscription growth, strong cRPO, and rising AI contribution—remain intact, but the company hasn't yet shown the revenue acceleration some expected from its expanding AI portfolio.