Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.4%) and Nasdaq Composite (+1.3%) trade at or near session highs despite some buying interest dissipating under the index surface.

Market breadth was positive after the open, but shows mixed action now. Decliners have an 11-to-10 lead over advancers at the NYSE and advancers lead decliners by a 4-to-3 margin at the Nasdaq.

More S&P 500 sectors are trading lower compared to earlier in the session. The energy sector shows the largest decline by a wide margin, down 1.5%, followed by materials (-0.5%), health care (-0.4%), and financials (-0.01%).