Stocks have moved upward from their lows, but continue to trade with losses.
The recent weakness has been widespread with six of the ten economic sectors posting losses. The defensive-oriented utilities sector (+0.7%) is a relative leader, currently boasting the largest gain this session.
Materials (-3.3%) is the worst performing sector. The sector's
recent declines have reversed its year-to-date advance. The sector is
now down 4.0% this year. Materials stocks such as Alcoa (-1.60) and Nucor (-6.96) are trading sharply lower.