Stock Market Update

[BRIEFING.COM] The major indices are near session highs.

Ten of the 11 S&P 500 sectors trade up led by technology (+2.0%), which is benefitting from gains in NVIDIA (NVDA 119.90, +4.31, +3.7%), Microsoft (MSFT 384.68, +5.58, +1.5%), and Apple (AAPL 211.14, +1.52, +0.8%). 

The financial sector (+1.7%) is another top performer, rebounding after sharp declines this month. The Financial Select Sector SPDR Fund (XLF) suffered a 9.1% decline over the same time that the S&P 500 entered correction territory (i.e. from the February 19 to yesterday's close).