Stock Market Update

[BRIEFING.COM] The major averages continue to suffer losses as the market enters the final half hour of the session.

Weakness has broadened throughout the afternoon, leaving just the energy sector (+1.6%) in positive territory. 

Only a handful of companies are set to report earnings after the close today, though Carnival (CCL 25.22, -0.50, -1.96%) will report before the open tomorrow. Cruise lines have experienced heightened volatility amid the recent surge in oil prices. 

Tomorrow will also be another light day for economic data, with the final March reading of the University of Michigan Consumer Sentiment Survey (Briefing.com consensus 55.5) the only data point of note.