Stock Market Update

[BRIEFING.COM] The stock market opened to losses at the index level. The S&P 500 (-0.1%) has staged a recovery after initial weakness so far this week and only trades fractionally lower now, so participants will be watching for signs of rebound efforts. 

Mixed action in the mega caps has contributed to the muted action in the indices. Apple (AAPL 223.32, +0.13, +0.1%) and Microsoft (MSFT 382.20, +0.06, +0.02%) are higher while NVIDIA (NVDA 109.54, -0.60, -0.6%) shares move lower.

The market is in wait-and-see mode ahead of the tariff announcements after today's close. 

Separately, factory orders rose 0.6% in February (Briefing.com consensus 0.4%) following a revised 1.8% increase in January (from 1.7%).