[BRIEFING.COM] The S&P 500 (-0.3%), Nasdaq Composite (-0.2%), and DJIA (-0.2%) trade in a relatively stable range near their best levels of the day with just an hour left in the session.
Crude oil futures settled today's session $1.15 higher (+1.2%) at $101.23 barrel, with the reversal from earlier highs contributing significantly to the improvement of the major averages. Oil continues to move lower after its settlement.
Meanwhile, the financials sector (-0.7%) is trading at session lows, with Bank of America (BAC 59.06, -3.62, -5.78%) leading several financial peers lower after CEO Brian Moynihan said at the Barclays conference that Q3 sales and trading revenue is expected to be flat.