[BRIEFING.COM] The S&P 500 (+0.1%) and Nasdaq Composite (+0.1%) have hit fresh all-time intraday highs with today's modest gains. The DJIA (-0.1%) remains pinned slightly below its baseline.
The information technology sector (+0.1%) has shed its earlier loss, which certainly adds to the index-level improvements. The market's largest component, NVIDIA (NVDA 215.15, +6.88, +3.30%), has steadily climbed throughout the session, despite relative weakness across chipmakers that sends the PHLX Semiconductor Index 1.8% lower.
On a related note, NVIDIA is one of just two "magnificent seven" names that does not report earnings this week, the other being Tesla (TSLA 378.35, +2.05, +0.54%), which reported last week.