Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.1%), Nasdaq Composite (-0.2%), and DJIA (+0.7%) are back to a mixed standing as the information technology sector (-1.0%) slumps toward session lows. 

Elsewhere, Sysco (SYY 70.30, -11.50, -14.06%) is the worst-performing S&P 500 name today after agreeing to acquire Jetro Restaurant Depot in a $29.1 billion deal.

Though not an S&P 500 component, Bath & Body Works (BBWI 18.70, +1.90, +11.28%) is experiencing elevated volatility and trades sharply higher today. The move is attributed to increased institutional buying, with SG Americas Securities LLC increasing its position in the company by 725%.