[BRIEFING.COM] The major averages remain little changed from previous levels, even as crude oil surges to session highs.
WTI crude is currently up $3.43 (+3.4%) to $103.33 per barrel, which has pushed Treasury yields to their worst levels of the session, with the 10-year note yield up four basis points to 5.03%.
The energy sector (+1.1%) is now the best-performing S&P 500 sector, steadily moving higher over the past hour and a half following a choppy open.