Stock Market Update

[BRIEFING.COM] The major averages continue to track toward a lower finish as tech remains under firm pressure this afternoon.

The session has progressed with little in the way of geopolitical developments. Crude oil futures settled today's session $0.42 higher (+0.5%) at $84.88 per barrel, with the recent upswing in oil prices a headwind for a market that is also dealing with elevated Treasury yields and possible monetary tightening from the Fed.