Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.4%), Nasdaq Composite (+0.4%), and DJIA (+0.5%) trade near session highs just after midday as only the utilities (-0.6%) and materials (-0.5%) sectors remain in negative territory. 

While sector strength leans decidedly positive, breadth figures hint at some lingering underlying weakness. Decliners outpace advancers by a 13-to-12 margin on the NYSE and a roughly 5-to-3 margin on the Nasdaq. 

Today's advance currently seats the major averages with gains between 1.5% and 2.0% for the week.