Lopsided action in the stock market as Big Tech stumbles while retail shares rise

Market Update - Stocks are higher, with the S&P 500 extending its win streak to three days and a rebound of over 3% [1] - Mega-cap AI stocks like Nvidia, AMD, and Oracle are under pressure, impacting the Nasdaq [1] - Concerns arise that Meta Platforms may partner with Alphabet for tensor processing units, potentially affecting Nvidia's market share [1] Sector Performance - The healthcare sector is the top performer in Q4, closing in on industrials for fourth place this year [1] - Consumer discretionary sector shows strong performance after several retailers reported better-than-expected results and raised full-year outlooks [1] - Notable retailers like Dick's Sporting Goods, Abercrombie, Best Buy, and Kohl's posted solid results despite September retail sales missing estimates [1] Consumer Sentiment - Consumer confidence in November hit its lowest level since April, according to the Conference Board [1] - A reopened government and a potential rate cut in December could improve consumer sentiment in the coming months [1] Upcoming Earnings - Significant tech earnings are expected from Dell Technologies, HP Inc, Workday, Zscaler, and Ambarella [1] - Deere is scheduled to report earnings before the opening bell on Wednesday [1]