Intraday Update – Mega-Caps Slip

1:23 p.m. ET Mega-cap heavy sectors have faded from the top of the leaderboard to 4th, 5th and 6th place of the 11 sectors. The mega-cap index (MGK +1.25%) has given back some of earlier gains and holds a 60 bp edge over the Equal Weigh S&P. This isn’t horrible performance from the group, but…