Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.4%), Nasdaq Composite (+0.7%), and DJIA (+0.1%) continue to trade in a relatively steady range. 

Gains and losses are generally modest across the board, though the communication services sector (+1.6%) is an early standout. 

The sector benefits from strong leadership in both of its mega-cap components, Alphabet (GOOG 283.87, +5.81, +2.09%) and Meta Platforms (META 637.47, +10.15, +1.62%). 

Meanwhile, Match Group (MTCH 33.19, +1.64, +5.21%) holds the widest gain in the sector, reversing an early loss after narrowly missing EPS estimates, reporting revenues in-line, and guiding Q4 revenues below consensus. 

Elsewhere in the sector, Live Nation (LYV 140.15, -10.60, -7.03%) moves sharply lower after missing earnings estimates.