Stock Market Update

[BRIEFING.COM] The three major indices have moved slightly higher or slightly lower, but mostly move sideways near session lows.

Market breadth reflects a strong negative bias, driven by normal consolidation efforts with stocks near all-time highs. Decliners lead advancers by a 2-to-1 margin at the NYSE and by a 3-to-2 margin at the Nasdaq.

Small and mid cap stocks underperform their larger peers. The Russell 2000 sports a 0.6% decline and the S&P Mid Cap 400 trades 0.6% lower.