Stocks are at session highs following a pullback in oil prices. Oil prices recently fell below $100 per barrel, but they have since rebounded to $100.20 per barrel so that they sport a 0.6% gain. Oil prices are still off of their session high near $101.50 per barrel.
Semiconductor stocks continue to climb, which has helped give the Nasdaq a nice lead over its counterparts. Their 2.5% advance this session follows an industry upgrade from analysts at JPMorgan. Semiconductor stocks are already up 12% this year.