Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.2%) holds a modest gain after a brief slip into negative territory, which followed a report from Bloomberg that President Trump will look for other ways to implement tariffs while he also appeals yesterday's ruling.

While the news caused a brief dip, the market has recovered from that move. Five sectors trade higher with technology (+0.7%) remaining ahead, though it sits below its best level of the day.

Treasuries, meanwhile, have extended their gains ahead of today's $44 bln 7-yr note sale, which will follow yesterday's 5-yr note offering that saw record foreign demand. The 10-yr yield is down five basis points at 4.43% while the 2-yr yield is also down five basis points, hovering at 3.94%.