Stock Market Update

[BRIEFING.COM] There hasn't been any meaningful movement since the last update, which itself pointed to the fact that there hasn't been a lot of movement for the major indices for most of the afternoon trade.

The Dow Jones Industrial Average has seen a decent point swing today. It had been up as many as 156 points, but gave all of that back and then some before finding its footing again. Like the other indices, it is now modestly higher heading into the final 30 minutes of trading.

Overall, it has been a carefully calibrated session thus far. The market-cap weighted S&P 500 is up 0.2% and the equal-weighted S&P 500 is up 0.2%.

Advancers lead decliners by a little better than 4-to-3 margin at the NYSE and a roughly 4-to-3 margin at the Nasdaq.

Tomorrow's session will include the August New Home Sales Report (Briefing.com consensus 695K; prior 739K), the response to earnings reports from KB Home (KBH 87.05, -1.15, -1.3%) and Cintas (CTAS 205.08, +1.08, +0.5%), and a $70 billion 5-yr note auction.