12:00 PM ET 6/11/14 | Briefing.com
Not much change in the major averages as they continue plodding along
their recent levels. For instance, the S&P 500 (-0.3%) has been
trapped in a three-point range for the past 90 minutes or so.
Meanwhile, the Nasdaq Composite (-0.01%) has been inching higher since putting in its session low at the open. Biotechnology and chipmakers have contributed to the rebound, while the overall tech sector trades a bit ahead of the S&P 500 with a loss of 0.1%.
The iShares Nasdaq Biotechnology ETF (IBB 250.11, +0.81) is higher by 0.3%, while the broader health care sector sits right above its flat line.
Elsewhere, the PHLX Semiconductor Index is higher by 0.6% with Micron (MU 30.98, +1.47) playing a part in the relative strength. The stock is higher by 5.0% after Bank of America/Merrill Lynch upgraded the stock to 'Buy' from 'Underperform.'
Meanwhile, the Nasdaq Composite (-0.01%) has been inching higher since putting in its session low at the open. Biotechnology and chipmakers have contributed to the rebound, while the overall tech sector trades a bit ahead of the S&P 500 with a loss of 0.1%.
The iShares Nasdaq Biotechnology ETF (IBB 250.11, +0.81) is higher by 0.3%, while the broader health care sector sits right above its flat line.
Elsewhere, the PHLX Semiconductor Index is higher by 0.6% with Micron (MU 30.98, +1.47) playing a part in the relative strength. The stock is higher by 5.0% after Bank of America/Merrill Lynch upgraded the stock to 'Buy' from 'Underperform.'
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