Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.3%), Nasdaq Composite (-1.2%), and DJIA (+0.6%) are off their worst sessions of the afternoon with an hour left in today's session. 

The rebound effort has been led by some buying efforts in the information technology sector (-1.4%). The sector is still the day's worst performer, though it has shed half of its previous losses. Similarily, the PHLX Semiconductor Index (-3.3%) has narrowed its loss that exceeded 6.0%. 

The broader market continues to tilt higher, with seven S&P 500 sectors in positive territory. 

Elsewhere, Bitcoin seems to be bouncing off of its intraday lows, reapproaching the $74,000 mark.