[BRIEFING.COM] The major averages are well positioned to end the week on a strong note, with today's gains lifting the S&P 500 (+0.9%) and Nasdaq Composite (+0.4%) into positive territory for the week.
Yesterday's boost in sentiment around the AI trade only accelerated today, with many of the weighty names in the information technology sector (+1.7%) trading sharply higher.
NVIDIA (NVDA 180.42, +6.28, +3.60%) is a standout across the "magnificent seven" names, and the PHLX Semiconductor Index (+3.3%) and Vanguard Mega Cap Growth ETF (+1.2%) both outperform, moving into positive territory for the week as well.