Stock Market Update

[BRIEFING.COM] The S&P 500 (flat), Nasdaq Composite (-0.4%), and DJIA (+0.1%) now sit mixed as strength in the broader market continues to widen, leaving just three S&P 500 sectors below their baselines. 

The consumer staples sector (+1.0%) is near the top of the leaderboard, with broad strength and solid leadership from Walmart (WMT 123.06, +2.33, +1.93%) outweighing some notable retreats in the sector. 

Estee Lauder (EL 73.46, -5.84, -7.36%) sinks after the company confirmed it is in discussions regarding a potential business combination with Puig Brands (PUGBY 10.10, +0.11, +1.1%), while Dollar General (DG 122.26, -2.84, -2.27%) is shedding some of its earlier losses after announcing a CEO transition.