Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.8%), Nasdaq Composite (+1.0%), and DJIA (+0.5%) continue to chart new session highs as the market enters the final hour of the session. 

After spending the majority of the session in negative territory, Amazon (AMZN 246.85, +0.56, +0.23%) now holds a modest gain, with The Information reporting that the company is planning on opening a big box retail store. 

Even with today's sluggishness, the stock is a clear standout among the "magnificent seven" names to start the year, rising 6.9% so far.  Alphabet (GOOG 330.65, +4.64, +1.42%) holds the next widest year-to-date gain of 5.5%.