Stock Market Update

14-Apr-23 15:05 ET
META, GOOG, and AMZN boost respective S&P 500 sectors
Dow -202.99 at 33826.61, Nasdaq -66.54 at 12099.72, S&P -16.84 at 4130.65

[BRIEFING.COM] The major indices continued to slowing rise off their lows in recent trading. 

The S&P 500 communication services (+0.2%) and consumer discretionary (+0.1%) sector have reclaimed a positive position thanks to their respective mega cap components recovering losses. Namely, Meta Platforms (META 220.73, +0.38, +0.2%) and Alphabet (GOOG 109.48, +1.29, +1.2%) have boosted the communication services sector while Amazon.com (AMZN 102.48, +0.08, +0.1%) is supporting the consumer discretionary sector.

Energy complex futures settled the session higher. WTI crude oil futures rose 0.5% to $82.55/bbl and natural gas futures rose 5.5% to $2.13/mmbtu. On an energy related note, the S&P 500 energy sector (flat) is among the best performers, flirting with its flat lines.

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