Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.7%), Nasdaq Composite (-1.2%), and DJIA (-0.2%) now sit lower across the board as weakness in tech and other growth areas continues to eat into the major averages.

The consumer discretionary sector (-0.8%) is charting session lows despite Tesla (TSLA 425.92, +4.11, +0.97%) rising to become a mega-cap standout today. 

There is particular weakness across some travel-related names such as Expedia Group (EXPE 252.34, -24.33, -8.79%), Booking Holdings (BKNG 4736.89, -385.36, -7.52%), and Airbnb (ABNB 124.94, -6.37, -4.85%), though cruise lines such as Royal Caribbean (RCL 335.87, +1.82, +0.54%) and Carnival (CCL 32.62, +0.17, +0.52%) maintain modest gains after solid performances yesterday.