Stock Market Update

[BRIEFING.COM] The major averages trade at their worst levels of the day amid widening losses in the eight sectors that have spent the majority of the session in negative territory. 

Currently, the materials (-1.5%), real estate (-1.4%), utilities (-1.0%), and consumer staples (-1.0%) sectors all sport losses greater than 1.0%.

Though the energy (+1.1%), consumer discretionary (+0.8%), and technology (+0.4%) sectors hold on to most of their advances, an increase in selling activity now has the major averages mixed for the day.

The Nasdaq Composite (+0.2%) is treading above its flatline, while the S&P 500 (-0.1%) and DJIA (-0.3%) have lost hold of their early gains.

Breadth figures have continued on a downward trend since this morning's slightly positive opening, with decliners outpacing advancers by a nearly 2-to-1 ratio on the NYSE and a roughly 3-to-2 ratio on the Nasdaq.