Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.5%), Nasdaq Composite (-0.8%), and DJIA (-0.2%) sit modestly improved from their opening losses. 

Four S&P 500 sectors now trade in positive territory, led by a solid gain in the financials sector (+0.7%). Apollo Global Management (APO 132.31, +8.36, +6.74%) is up nicely after a solid Q3 earnings report, with major banking names also moving higher. 

While still a fair ways off of its baseline, the consumer discretionary sector (-0.6%) has nearly halved its opening loss. The sector faces pressure from cruise line names after Norwegian Cruise Line (NCLH 19.50, -2.68, -12.08%) beat EPS estimates but missed revenue expectations and guided Q4 EPS estimates below consensus. 

Elsewhere in the sector, Amazon (AMZN 253.73, -0.27, -0.11%) oscillates around its flat line, showing resilience in the face of today's trend of mega-cap profit taking, even after rising 13% over the past two sessions.