Stock Market Update

[BRIEFING.COM] The S&P 500 (flat), Nasdaq Composite (-0.2%), and DJIA (+0.2%) are little changed from their opening lines, with weakness in the information technology sector (-0.5%) continuing to stifle gains at the index level despite a backdrop of broader-market strength. 

The slight dip in the Nasdaq Composite means that the major averages now all sit in modestly negative territory for the week. 

Despite today's weakness, the technology sector is the only S&P 500 sector that holds a gain for the week (+0.5% week-to-date) after a particularly strong showing on Monday. 

Oracle (ORCL 220.83, -0.70, -0.32%) trades modestly lower ahead of its earnings release this afternoon, while Broadcom (AVGO 402.87, -3.42, -0.84%) holds a wider loss ahead of its earnings release tomorrow after the close.