[BRIEFING.COM] Equities have extended their gains in recent action, hitting new session highs. The S&P 500 is now up 0.4%.
Nine of eleven sectors are trading in positive territory late this morning, with consumer staples (-0.6%) and utilities (-0.6%) being the two laggards. The utilities space has struggled all week, evidenced by its week-to-date loss of 2.0%, while the consumer staples space still remains among the top-performing sectors despite today's slide.
Within the consumer staples group, Walgreens Boot Alliance (WBA 70.00, -1.06) shows particular weakness, losing 1.5%, while heavyweights like Procter & Gamble (PG 90.23, -1.01), Coca-Cola (KO 45.99, -0.45), and Philip Morris (PM 106.88, -0.72) show losses between 0.7% and 1.2%.