Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.6%), Nasdaq Composite (+0.6%), and DJIA (+0.5%) have shed a chunk of their opening gains. 

The industrials sector (-0.2%) has made a move lower as a majority of its components now trade in negative territory. J.B. Hunt Transport (JBHT 196.14, -6.59, -3.25%) is the worst performer amid the bump in oil prices today, while aerospace and defense names also lag, sending the iShares DJ Aerospace ETF 0.6% lower. 

Meanwhile, Delta Air Lines (DAL 63.08, +2.24, +3.68%) trades higher after raising its Q1 revenue guidance, which has boosted other airline stocks. 

Uber (UBER 78.45, +3.80, +5.08%) is the sector's top performer after Reuters reported that the company is planning to launch a robotaxi fleet with NVIDIA (NVDA 183.09, -0.10, -0.05%) next year.