Stock Market Update

[BRIEFING.COM] The Dow Jones Industrial Average (+0.23%) is today's shallowest gaining major average, up now about 100 points.

A look inside the DJIA shows that Amazon (AMZN 220.84, +7.09, +3.32%), Cisco (CSCO 69.06, +1.54, +2.28%), and Nike (NKE 75.75, +1.37, +1.84%) are outperforming.

Meanwhile, Amgen (AMGN 284.78, -15.30, -5.10%) is today's top laggard.

The DJIA is up about +1.43% week-to-date.

Elsewhere, U.S. Treasuries continue trading near their lows, having faced some light selling in reaction to today's $42 bln 10-yr note sale, which met weak demand. The just completed sale drew a high yield of 4.255%, which tailed the when-issued yield by 1.1 basis points. The bid-to-cover ratio (2.35x) was a bit below average (2.57x) while indirect takedown (64.2%) was also below the average seen at the previous 12 auctions (69.7%). The U.S. Treasury will complete this week's underwhelming series of note and bond offerings with a $25 bln 30-yr bond auction at 13:00 ET.