Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.5%), Nasdaq Composite (-0.8%), and DJIA (-0.1%) are now lower across the board as yesterday's mega-cap leadership dries up while the broader market sits mixed. The Vanguard Mega Cap Growth ETF is down 0.8%.

The Conference Board's Consumer Confidence Index increased to 92.8 in April (Briefing.com consensus: 89.2) from an upwardly revised 92.2 (from 91.8) in March.

In the same period a year ago, the index stood at 85.7. The key takeaway from the report is that consumer attitudes were helped in April by perceptions of the labor market and income expectations.