Stock Market Update

[BRIEFING.COM] The major averages have steadily climbed from their early lows, with the DJIA (+0.4%) still out in front, the S&P 500 (+0.1%) now posting a slight gain, and the Nasdaq Composite (-0.2%) trimming its losses.

Nine sectors trade in positive territory, and breadth figures have steadily improved throughout the session. Advancers outpace decliners by a better than 2-to-1 ratio on the NYSE and a 5-to-3 ratio on the Nasdaq.

Only the technology (-0.9%) and communication services (-0.2%) sectors remain in negative territory, though both sectors have improved from early lows.

Within the communication services sector, Alphabet (GOOG 192.45, +1.30, +0.68%) has been able to turn early pressure into a modest gain ahead of its earnings report tomorrow.

Tesla (TSLA 334.62, +6.13, +1.9%) also reports after the close tomorrow. The stock's performance today has helped the consumer discretionary sector (+0.8%) capture a nice gain after a sluggish start.