Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.1%) is making another push toward its unchanged level while the Nasdaq (+0.3%) now holds a modest gain.

The top-weighted technology sector (+0.6%) is helping the broader market recover from its soft start, though only about half of its components trade in positive territory. Chip names like Broadcom (AVGO 248.45, +6.38, +2.6%), AMD (AMD 113.39, +2.66, +2.4%), and NVIDIA (NVDA 137.35, +2.22, +1.6%) are among the best performers while Apple (AAPL 200.99, +0.14, +0.1%) hovers just above its unchanged level.

Software stocks are having a more difficult time keeping pace, which is leaving the iShares Expanded Tech-Software Sector ETF (IGV 103.39, -0.26, -0.3%) in negative territory.