[BRIEFING.COM] The stock market did most of its lifting early, yet it has managed to remain relatively strong in the early portion of the afternoon trade.
Sellers haven't been able to exert any convincing pressure on the market, which has the mega-cap stocks as its primary source of support and buy-the-dip interest (from Friday) as its primary motivation.
Notably, the market cap-weighted S&P 500 and equal-weighted S&P 500 are in a dead heat right now in terms of year-to-date performance. Both are up 3.2% since January 1, which is to say the year is off to a good start in general.
Both, though, continue to look up at the Dow Jones Industrial Average, which is up 4.5% year-to-date, including today's gain.