Stock Market Update

[BRIEFING.COM] The S&P 500 is up at session highs with an 0.7% gain as all 11 sectors now trade in positive territory. The market seemed to get a boost following the upbeat consumer confidence report for December released earlier. 

Apple (AAPL 312.66, +3.71, +1.2%) shares are leading the rebound trade heading into the company's earnings report after the closing bell. Shares of United Technologies (UTX 151.68, +0.64, +0.4%) have turned positive after trading lower in pre-market action following its positive earnings results. 

The CBOE Volatility Index has dropped 8.5% to 16.69.