Stock Market Update

[BRIEFING.COM] The major indices pushed to fresh highs in recent trading.

Amazon (AMZN 191.99, +1.80, +1.0%) initially traded lower after reporting earnings, but shares are rising alongside many other equities in today's broad advance. 

Market breadth reflects strong conviction on the part of buyers, indicating a risk-on bias in today's trade. Advancers lead decliners by a nearly 5-to-1 margin at the NYSE and by a 3-to-1 margin at the Nasdaq.