Stock Market Update

[BRIEFING.COM] The major equity indices pulled back from session highs, but gains are still robust. The S&P 500 is more than 100 points higher, or 1.9% above yesterday's close.

The equal-weighted S&P 500 shows a 1.2% gain and nine of the 11 S&P 500 sectors are higher. The consumer discretionary (+3.5%), technology (+3.2%), and communication services (+2.1%) sectors lead the pack, reflecting a risk-on vibe.

Also, the US Dollar Index is 0.6% higher (99.51) after noticeable weakness of late.