Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.5%) is once again in new record high territory, having now eclipsed the 6,200 level, after a sharp rebound from session lows in the past hour.

The advance follows a Bloomberg report that Apple (AAPL 204.99, +3.91, +1.94%) is considering using AI from Anthropic or Open AI to revise its intelligent assistant Siri.The news has given then the technology sector (+1.2%) a boost that has pushed it past financials (+0.7%) as the best performing sector of the day, after spending most of the session tracking the major averages. Apple was a notable laggard for the majority of today's trading, as it hovered around unchanged levels and prevented further gains this morning from a technology sector that featured strong performances from the likes of Palantir Technologies (PLTR 135.81, +5.07, +3.88%) and Oracle (ORCL 220.78, +10.54, +5.01%).