Stocks continue to move lower, but have recently pulled upward. There is no news item immediately related to the moves.
Though the decline has pulled the S&P 500 off its session high,
where it sported a gain of 3.2%, its gain is still strong at 2.0%.
Most influential in the advance of the S&P 500 is Exxon-Mobil (XOM
80.01, +2.51). Shares of Exxon Mobil and other integrated oil and gas
players (+3.2%) are gaining attention after being sent lower in
previous sessions. A rise in oil prices has also helped.
Oil is currently up just 0.5% to $94.40 per barrel. It was up 2.2% earlier.