Stock Market Update

[BRIEFING.COM] It is largely more of the same for the major indices, which haven't been in a hurry to get anywhere today. The Russell 2000, up 0.6% at its earlier high, has faded and is now up just 0.2%.

Market participants haven't been compelled by today's headlines to show much conviction outside of individual stocks like Walgreens Boots Alliance (WBA 10.81, +1.11, +11.5%), which is reportedly still engaged in talks with Sycamore Partners about a possible buyout. Earlier, CNBC's David Faber said there are "signs of life" for a deal with Sycamore as opposed to discussions being completely dead.

WBA is one of the best-performing S&P 500 components today, trailing behind only Super Micro Computer (SMCI 54.32, +6.41, +13.5%), which is putting up another macro gain in a momentum-backed trade.

SMCI is up 102% since February 3.