Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.3%), Nasdaq Composite (-0.4%), and DJIA (-0.1%) remain little changed from previous values as the market enters the final hour of the session.

While the broader mega-cap and tech space has seen modest improvement from earlier lows, the communication services sector (-1.2%) remains the worst-performing S&P 500 sector.

Meta Platforms (META 670.38, -18.18, -2.64%) faces some profit taking after a strong rally over the past few weeks, which still leaves it with a 17.2% gain for the month of April.

Netflix (NFLX 94.54, -2.77, -2.85%) trades even lower, failing to garner any buy-the-dip interest after a nearly double-digit retreat on Friday that followed its earnings release.

Despite the weakness in the sector, The Trade Desk (TTD 23.92, +1.45, +6.45%) is now the best-performing S&P 500 component today.