Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.3%) and Nasdaq Composite (-0.8%) moved off session lows while the Dow Jones Industrial Average (+0.04%) pulled back from its all-time high.

More S&P 500 sectors trade lower now compared to earlier in the session. The sectors that house mega cap names -- information technology (-1.1%), consumer discretionary (-0.7%), and communication services (-0.2%) -- remain buried in last place on the lineup while the health care (-0.1%) and industrial (-0.2%) sectors show more muted declines. 

Market breadth still favors advancers at the NYSE, but decliners have an 11-to-10 lead over advancers at the Nasdaq now.