Stock Market Update

[BRIEFING.COM] Gains across the S&P 500 (+0.5%), Nasdaq Composite (+0.5%), and DJIA (+1.0%) push the major averages into positive territory for the week with just an hour left in today's action. 

The major averages continue to tick higher as the information technology sector (-0.2%) moves closer to its flatline, while nine S&P 500 sectors trade in positive territory. 

The industrials sector (+0.8%) holds another solid gain after outperforming yesterday with a 0.9% gain. Old Dominion (ODFL 149.57, +8.11, +5.73%) leads the strength today after the company reported its less-than-truckload (LTL) operating metrics for November.

While LTL shipments have been hurt by ongoing softness in the domestic economy, the carrier is showing signs of stabilization heading into the holiday stretch, a period where seasonal trends can help reset sentiment in an oversold industry.

Elsewhere in the sector, Uber (UBER 90.55, +2.98, +3.40%) also holds a nice gain, while airline names such as Delta Air Lines (DAL 67.41, +2.27, +3.48%) and United Airlines (UAL 108.08, +3.70, +3.54%) also trade higher.