Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.3%), Nasdaq Composite (+0.1%), and DJIA (-0.6%) sit modestly improved from session lows as the market enters the final half hour of the session. 

The consumer discretionary sector (+0.2%) is one of just three sectors that currently hold a gain, largely due to Tesla's (TSLA 486.23, +10.92, +2.30%) outperformance for a second consecutive session. 

Meanwhile, homebuilder names trade lower ahead of Lennar's (LEN 116.76, -2.96, -2.48%) earnings release after the close. The stock is down nearly 12% since its Q3 earnings report and nearly 11% year-to-date.  

PulteGroup (PHM 123.40, -3.11, -2.46%) and D.R. Horton (DHI 154.39, -2.08, -1.33%) also trade lower today, pushing the iShare U.S. Home Construction ETF 1.3% lower.