Stock Market Update

[BRIEFING.COM] The S&P 500 and Nasdaq Composite continue to climb in a broad advance. Advancers lead decliners by a 5-to-2 margin at the NYSE and by a 3-to-2 margin at the Nasdaq. 

The heavily-weighted information technology sector pushed to the top of the leaderboard among the 11 sectors, showing a 1.3% gain. Microsoft (MSFT 459.52, +0.21, +0.1%) and Apple (AAPL 221.20, +0.94, +0.4%) had been trading down earlier, but turned around as the market moved higher.

Separately, the weekly EIA natural gas inventories showed a build of 32 bcf versus a build of 52 bcf last week. Natural gas futures are up 1.1% to $2.48/mmbtu.