Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.1%), Nasdaq Composite (-0.2%), and DJIA (-0.2%) are back in modestly negative territory. 

The consumer discretionary sector (-0.3%) holds the widest loss as a majority of its components trade lower, though Tesla (TSLA 460.29, +0.65, +0.14%) has stabilized after an outsized loss yesterday. 

After briefly holding a modest gain, the information technology sector (-0.2%) faces a similar retreat, with NVIDIA (NVDA 187.19, -1.03, -0.55%) extending yesterday's weakness. A solid gain in Intel (INTC 37.38, +0.70, +1.92%) and mixed performances across other chipmaker names keep the PHLX Semiconductor Index (+0.2%) in positive territory.