Stock Market Update

[BRIEFING.COM] The major averages continue to see improvement off of their session lows, though weakness remains broad.

The industrials sector (-1.1%) is one of several S&P 500 sectors that trade with a loss of 1.0% or wider. Airline names such as Southwest Air (LUV 41.49, -2.41, -5.49%) are once again near the bottom of the sector's leaderboard amid the spike in fuel prices, while Old Dominion (ODFL 196.86, -13.82, -6.56%) also takes a hit. 

Meanwhile, aerospace and defense names such as Huntington Ingalls (HII 430.04, +8.87, +2.11%) and RTX (RTX 206.96, +3.10, +1.52%) are among the relative outperformers. The iShares DJ Aerospace ETF (+0.5%) holds a modest gain.