Stock Market Update

[BRIEFING.COM] The major averages now sit mostly higher shortly after midday. 

While gains are still contained to the information technology (+1.2%), energy (+0.9%), and industrials (+0.6%) sectors, losses have generally narrowed across the other eight S&P 500 sectors. 

The financials sector (-0.2%) now trades just modestly lower after holding a loss wider than 1.0% earlier in the session. Coinbase Global (COIN 182.78, +6.94, +3.94%) and Robinhood Markets (HOOD 78.69, +2.84, +3.74%) are among the outperformers as Bitcoin rallies 5.7% past the $69,000 mark today.