Stock Market Update

[BRIEFING.COM] The stock market has done what it has grown accustomed to doing: bouncing back from losses.

It has helped that the mega-cap stocks have been a bastion of relative strength today, as they are pulling their weight for the broader market. The move to session highs, however, has been helped by many other stocks paring earlier losses and/or extending their gains.

Breadth continues to favor decliners at the NYSE and Nasdaq; however, the margin over advancing stocks has narrowed with the comeback effort.

The Vanguard Mega-Cap Growth ETF (MGK) is up 0.8%, while the equal-weighted S&P 500 is flat.