[BRIEFING.COM] With the major averages substantially improved from an intraday retreat, the S&P 500 (+1.3%) and Nasdaq Composite (+1.4%) now look to close above their respective 50-day moving averages. The major averages currently sit near this morning's peak levels before stocks faced a notable intraday retreat.
In addition to the broader market advance, Apple (AAPL 248.75, +2.05, +0.83%) now trades higher after Bloomberg reported that the company is looking to turn Siri into an AI chatbot later this year.