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An opening bid took the S&P 500 up to 1252, which marks a fractionally improved two-year high, but it has since wavered a bit.
Financials are a source of early leadership. The sector is up 0.7% with help from consumer finance plays (+1.1%), regional banks (+1.1%), and diversified banks (+1.0%).
Consumer discretionary plays are trailing. Their collective losses have the sector down 0.3%. Auto retailers (-2.9%) are in some of the worst shape amid the latest quarterly report from CarMax (KMX 32.95, -2.95). Shares of KMX were actually bid higher in premarket action, but sharp pressure at the open prompted a precipitous drop.
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