Stocks have drifted off their session highs. For a moment the Dow was
up 2.7%, the Nasdaq was up 2.3%, and the S&P 500 was up 2.8%.
Nine of the 10 economic sectors are trading with gains. Only the
defensive-oriented utilities sector (-0.1%) has failed to join the
bunch. Utilities have also logged one of the weakest week-to-date
performances, advancing 7.8% since Monday. Only healthcare has fared
worse by that measure, it is up 6.2% since Monday, but up 2.2% in this
session alone.