Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.5%), Nasdaq Composite (+1.0%), and DJIA (-0.9%) continue to trade in a stable range as the market enters the final hour of the session. 

Sector strength has improved throughout the afternoon, but significant losses in the health care (-1.7%) and financials (-0.7%) sectors limit further index-level growth. 

While the health care sector's weakness is largely headline-based (the Trump administration putting forward a disappointing Medicare Advantage payment proposal), the financials sector faces a broader pullback across the majority of its components. 

Brown & Brown (BRO 73.64, -5.98, -7.51%) is a notable laggard after a modest EPS beat and revenue miss. 

Meanwhile, regional banking names such as Truist (TFC 50.90, +0.72, +1.42%) are among the relative outperformers, though the gains are modest in comparison.