Major Averages Hold Slight Losses
The major averages currently trade near session lows after trading near their flat lines for most of the day. The S&P 500 is down 0.1%, the Dow is down 0.4%, and the Nasdaq is down 0.1%.Reviewing the S&P 500 sectors shows industrials (+0.4%), energy (+0.2%), and consumer discretionary (+0.1%) atop the standings. Conversely, the communication services (-0.6%), health care (-0.3%), and utilities (-0.2%) sectors lag. The heavily-weighted information technology (-0.1%) sector has recently turned negative. Losses from heavyweights Apple (AAPL 169.53, -0.88, -0.5%) and Microsoft (MSFT 105.12, -0.56, -0.5%) have dragged on the sector. NVIDIA (NVDA 146.16, -2.01, -1.4%) has also been a notable underperformer.