Stock Market Update

[BRIEFING.COM] There's still a positive bias in the market despite some losses in mega cap names, which has the S&P 500 (-0.2%) and Nasdaq Composite (-0.2%) trading lower. The equal-weighted S&P 500 trades 0.1% higher. Advancers have a 4-to-3 lead over decliners at the NYSE, but decliners have a fractional lead at the Nasdaq. 

Meta Platforms (META 623.75, -4.24, -0.7%), Amazon.com (AMZN 200.02, -0.70, -0.4%), and Microsoft (MSFT 392.07, -4.82, -1.3%) are influential losers from the mega cap space. 

Gains in Apple (AAPL 238.19, +2.83, +1.2%) and NVIDIA (NVDA 110.85, +0.26, +0.2%), which account for 13% of the S&P 500 in terms of market capitalization, have provided some offsetting support.