Stock Market Update

[BRIEFING.COM] As the market enters the final half hour of trading, the major averages are seated firmly beneath their opening lines. 

President Trump commented on an EU ruling that will fine Alphabet (GOOG 234.56, +1.90, +0.82%) $3.5 billion, stating via Truth Social that "my administration will NOT allow these discriminatory actions to stand." Elsewhere in the post, the president stated his intentions to start a Section 301 proceeding in response to the penalties. 

Separately, crude oil futures settled today's session $1.59 lower (-2.5%) at $61.87 per barrel, contributing to notable losses in the energy sector (-2.2%).