Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.7%) and Nasdaq Composite (+1.3%) sit near their session highs (which are also all-time highs), while the DJIA (-0.2%) remains modestly lower for the day.

Strength remains concentrated in tech and mega-caps, though the health care sector (+0.8%) holds a solid gain, supported by broad strength and leadership from Eli Lilly (LLY 1021.22, +31.35, +3.17%) and Johnson & Johnson (JNJ 230.10, +5.84, +2.60%).

Separately, the Senate has voted to confirm Kevin Warsh as Fed Chairman by a vote of 54-45.