Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.6%), Nasdaq Composite (+1.1%), and DJIA (+0.4%) look to capture record closing highs to go along with their all-time highs from earlier in the session. 

The major averages continue to benefit from outperformance in the information technology sector (+1.4%), though broad-based strength has eight S&P 500 sectors trading above their baselines. 

Advancers outpace decliners by a nearly 2-to-1 ratio on the NYSE and an even greater 5-to-2 clip on the Nasdaq.

NVIDIA (NVDA 176.77, +6.48, +3.81%) commits £2 billion to catalyze the U.K.'s AI startup ecosystem and accelerate the creation of new companies, jobs, and globally transformative AI businesses.