[BRIEFING.COM] The major averages continue to improve to their best levels this morning, though they remain firmly lower.
CNBC reports that the G7 meeting has ended with no confirmation of an oil reserve release, but the G7 will have another meeting tomorrow. The energy sector (+0.9%) holds a nice gain as the price of oil rmeains above the $100 per barrel mark, while the information technology sector (+0.1%) now holds a slight gain.