Stock Market Update

[BRIEFING.COM] The major averages continue to chart session highs, with tech names providing the leadership.

Outside of the technology sector, there is some giveback in yesterday's outperformers while several laggards are seeing modest rebounds.

The consumer discretionary sector (-0.1%) is modestly lower, which is largely due to Amazon (AMZN 267.54, -2.59, -0.96%) and Tesla (TSLA 445.28, +0.01, +0.00%) facing some pressure after yesterday's advance, as strength is broad across its other components.

In particular, Ford Motor (F 14.62, +1.05, +7.74%) is outperforming again today after climbing 13% in yesterday's trade following positive analyst commentary from Morgan Stanley around the company's recently announced energy storage business.

Meanwhile, the financials sector (+0.6%) holds a nice gain as a majority of its components trade higher, with investment managers and insurance names among the top performers.