Stock Market Update

[BRIEFING.COM] The major averages continue to trade in a steady range at midday, supported by a rebound across the tech space while the broader market leans positive. 

Sector strength has improved throughout the session, leaving just three S&P 500 sectors in negative territory. 

Only the energy sector (-0.7%) holds a loss wider than 0.3%, facing some modest pressure as the price of oil retreats $0.31 (-0.5%) to $66.02 per barrel. 

Meanwhile, the financials sector (flat) has reclaimed its flatline after seeing an extension of yesterday's weakness this morning. Financial publishing names such as FactSet (FDS 202.69, +12.43, +6.53%) are among the outperformers, while losses have generally narrowed across major banking names.