[BRIEFING.COM] A mechanical, sideways drift is keeping the major averages seated at their session highs.
The stock market's early gains have been supported by a wide range of stocks. Advancers outpace decliners by a roughly 5-to-1 ratio on the NYSE and a nearly 3-to-1 ratio on the Nasdaq.
The steadiness of today's trade has the CBOE Volatility Index down 10.8% to 18.18 after being up 23.0% to 20.57 on Friday.
Only the energy sector (-0.2%) is oscillating around its flatline, with oil stocks down slightly today as crude oil prices have decreased $0.50 to $66.83, a change of 0.7%.