Stock Market Update
10-Jul-25 13:30 ET
Dow up 275+ led by Nike, McDonald's, AmEx; Salesforce lags, bond auction steady
Dow +277.73
at 44736.03,
Nasdaq +15.84
at 20627.18,
S&P +20.59
at 6283.85
[BRIEFING.COM] The Dow Jones Industrial Average (+0.62%) is atop the major averages this afternoon, up more than 275 points.
A look inside the DJIA shows that Nike (NKE 75.35, +1.79, +2.43%), McDonald's (MCD 299.84, +6.82, +2.33%), and American Express (AXP 324.00, +6.65, +2.10%) hold decent gains.
Meanwhile, Salesforce (CRM 266.62, -4.30, -1.59%) is underperforming.
The DJIA trims losses to -0.2% week-to-date.
Elsewhere, the $22 bln 30-yr bond auction saw a high yield of 4.889% that just about stopped on the screws of the when-issued yield of 4.890%. Dollar demand was decent, if not quite as strong as the average for the prior 12 auctions. The initial reaction to the results has been relatively muted.
