Stock Market Update

[BRIEFING.COM] The standing of the major indices remains mixed, with the S&P 500 and Nasdaq Composite trading near their highs for the session.

There are six S&P 500 sectors trading lower and five that are trading higher. There is only one sector—health care (-1.7%)--that is down more than 1.0%. There are only two sectors—information technology (+2.0%) and consumer discretionary (+1.0%)--that are up at least 1.0%.

Eli Lilly (LLY 881.55, -36.10, -3.93%) is a big drag on the health care sector, although most of the sector components are trading lower. The biggest loser is HCA (HCA 437.04, -36.99, -7.80%), which reported its Q1 results and disappointed investors with weaker-than-anticipated patient volumes.