[BRIEFING.COM] The major averages continue to improve from their session lows, with the Nasdaq Composite (-0.1%) now on the doorstep of its unchanged level.
Notably, the index had violated its 200-day moving average (22,101.90) before a stabilization in oil prices helped the major averages narrow their early losses.
Tech gains support the Nasdaq Composite's outperformance, with the information technology sector (+0.6%) now the best-performing S&P 500 sector.