The stock market opened on an upbeat note, boosting by a strong showing from the mega cap stocks.
The S&P 500 briefly dipped below the 4,100 level, but buyers showed up quickly and the main indices have been trending higher in recent trading.
The Vanguard Mega Cap Growth ETF (MGK) is up 1.0% versus a 0.4% gain in the Invesco S&P 500 Equal Weight ETF (RSP) and a 0.6% gain in the S&P 500.
Ten of the 11 S&P 500 sectors trade up led by the information technology (+1.3%), real estate (+0.8%), and communication services (+0.6%) sectors. The energy sector (-1.0%), meanwhile, sits alone in negative territory as oil prices pullback ($79.51/bbl, $-0.21, -0.4%).
Market breadth reflects broad buying interest. Advancers lead decliners by a 8-to-3 margin at the NYSE and a 3-to-2 margin at the Nasdaq.