Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.4%) and Nasdaq Composite (+0.6%) set fresh record highs, while the DJIA (+0.2%) holds a more modest gain. 

Seven S&P 500 sectors trade in positive territory, led by the communications services (+1.5%) and consumer discretionary sectors (+1.4%).

Strong performances across several of the market's largest names are driving the early growth, with Tesla (TSLA 417.87, +21.93, +5.54%), Alphabet (GOOG 249.01, +7.63, +3.16%), and Amazon (AMZN 231.48, +3.33, +1.46%) all trading higher. 

Losses are modest in the early going, with only the consumer staples sector (-0.5%) holding a loss wider than 0.3%.