Stock Market Update

[BRIEFING.COM] The major averages are hovering above their session lows, with some optimistic developments around trade with Canada fueling the slight rebound.

The energy sector (+0.3%) leads the way with the majority of its constituents displaying modest gains, while the technology sector (+0.1%) remains in positive territory from the strength of a few larger components.

The health care sector (-1.4%) is the worst performer, as companies wrestle with the possibility of a 200% tariff on pharmaceutical imports.

There is narrow leadership today concentrated among the biggest stocks. Decliners lead advancers by a better than 2-to-1 margin at the NYSE and Nasdaq.