Stocks trade at or near session highs. Buying interest is broad based with all ten sectors posting a gain, although defensive oriented stocks are underperforming on a relative basis.
Oil prices come under selling pressure, now down 3.0% to $47.75 per barrel, reversing an earlier gain of 2.0%. In early-morning electronic trade, crude prices fell to $47.36 per barrel, marking a fresh multi-year low.