Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.1%), Nasdaq Composite (-0.3%), and DJIA (+0.3%) continue to trade in a mixed fashion. 

The financials sector (+0.7%) is off to a solid start this morning, extending its month-to-date gain to 3.1%, the best across S&P 500 sectors. 

Robinhood Markets (HOOD 122.92, +3.52, +2.94%) and Coinbase Global (COIN 257.81, +5.20, +2.06%), which have been sensitive to recent volatility in the cryptocurrency market, trade higher today as Bitcoin rises 2.4%.

Invesco (IVZ 26.78, +0.76, +2.90%) is another top mover after Deutsche Bank upgraded the stock to Buy from Hold.

Support is broad throughout the sector, with insurance providers the only blemish. Progressive (PGR 222.70, -9.11, -3.93%) is a notable laggard after reporting its November results that showed a net income of $1.63 per share, down from $1.71 per share a year ago. Several other insurance names also trade lower, but their losses are all narrower than 1.0%.