Stock Market Update

[BRIEFING.COM] The S&P 500 hit its best level of the day in recent trading, up about ten points or 0.1%. The equal-weighted S&P 500 still trades lower, though, showing a 0.1% decline.

The index improvement occurred as NVIDIA (NVDA 133.57, +0.01, +0.01%) moved above its prior close.

Other stocks participated in upside moves, leading more S&P 500 sectors to trade up compared to earlier. Seven sectors are in the green after the communication services (+0.1%) and financial (+0.3%) sector turned positive. 

Market breadth was negative earlier, but shows mixed action now. Advancers are in-line with decliners at the NYSE while decliners still have a 3-to-2 margin over advancers at the Nasdaq.