Stock Market Update

[BRIEFING.COM] The major averages are at least temporarily stabilized following a retreat that saw the S&P 500 (+0.1%) briefly enter negative territory. 

The information technology sector (+0.6%) gave back nearly 1.0% of its early advance as NVIDIA (NVDA 181.10, +1.18, +0.66%) saw its gain halved from session highs. 

While the intraday slide sent several sectors back beneath their flatlines, the financials sector (+0.2%) did the opposite, moving into positive territory after a lower finish yesterday. 

Coinbase Global (COIN 267.72, +7.88, +3.03%) and Robinhood Markets (HOOD 125.84, +2.60, +2.11%) are among the top movers in the sector as Bitcoin gains 5.0% today, reclaiming the $90,000 mark.