Stock Market Update

[BRIEFING.COM] The market moved mostly sideways at the index level in recent action. The S&P 500 sports a 0.3% gain and the Dow Jones Industrial Average is nearly 400 points higher.

Bank stocks are among the names outperforming the S&P 500 today. The SPDR S&P Bank ETF (KBE) is 2.0% higher and the SPDR S&P Regional Banking ETF (KRE) shows a 2.2% gain. 

This strength is boosting the S&P 500 financial sector, which sports a 1.3% gain. The financial sector comprises 12% of the index. 

The real estate (+1.5%) and energy (+2.2%) sectors are also among the top performers so far.