Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.2%) and DJIA (+0.5%) are well positioned to notch record closing highs to go along with today's record intraday levels, while the Nasdaq Composite remains flat.

NVIDIA (NVDA 222.42, -1.94, -0.86%) has moved into negative territory for the day, with mixed strength across other mega-cap names weighing on the Nasdaq Composite. The Vanguard Mega Cap Growth ETF is down 0.4%.

Meanwhile, several cyclical sectors, including the materials (+1.3%), energy (+1.3%), and industrials (+0.9%) are near their best levels of the session.