Stock Market Update

[BRIEFING.COM] The major averages now trade in a relatively stable range as sector strength remains an almost even split. 

The energy sector (+2.7%) continues to outperform by a pronounced margin, as the price of oil climbs $1.27 to $63.55, and increase of 2.1%.

President Trump threatened Russia with new round of tariffs in his address to the if an agreement is not met to stop the war in Ukraine. The president stated that EU countries should also impose tariffs, but if those countries do not stop purchains Russian oil, they will be a "waste of time."