Today, the S&P 500 is up by +0.38%, the Dow Jones is down by -0.22%, and the Nasdaq 100 is up by +0.74%. Nvidia is up more than +2% ahead of its earnings report, seen as a bellwether for tech stocks. Alphabet leads tech stocks higher with a more than +5% gain after unveiling an updated AI model. Energy producers and Boeing are weighing on the market. US MBA mortgage applications fell -5.2%, while the US trade deficit shrank to -$59.6 billion. Q3 corporate earnings exceeded expectations. Overseas markets are mixed. Interest rates are slightly down. US stock movers include semiconductor stocks and energy producers.

Read more at Barchart: Stock Supported by Strength in Megacap Tech and Chip Stocks