Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.3%), Nasdaq Composite (-0.2%), and DJIA (-0.1%) are little changed from previous levels.

Steel Dynamics (b219.38, +10.04, +4.79%) is sharply higher again today after reporting EPS in-line and beating revenue expectations. The stock finished as one of the top-performing S&P 500 components yesterday with a similar gain.

However, the materials sector (-1.0%) trades lower, with Newmont Corporation (NEM 110.50, -4.34, -3.78%) and Freeport-McMoRan (FCX 68.20, -1.98, -2.82%) among the worst performers as precious metals prices take a step back today.