Stock Market Update

[BRIEFING.COM] The Dow Jones Industrial Average (+0.85%) is in second place on Tuesday afternoon, up about 413 points.

A look inside the DJIA shows that Salesforce (CRM 185.88, +7.72, +4.33%), IBM (IBM), and Home Depot (HD 386.38, 9.39, +2.49%) hold solid gains.

Meanwhile, UnitedHealth (UNH 274.42, -7.92, -2.81%) is underperforming.

The DJIA is +0.66% higher month-to-date.

Elsewhere, U.S. Treasuries have continued navigating a narrow intraday range, though the long end has shown a continuation of its early strength, which is keeping the 30-yr yield just a couple basis points above its low from last week. Up front, the 2-yr note remains near its starting level, holding steady after today's $69 bln 2-yr note sale, which met decent demand, though there were some soft spots. The high yield tailed the when-issued yield by a tenth of a basis point while indirect takedown (55.9%) was below average (61.7%). The bid-to-cover ratio (2.63x); however, was better than average (2.61x). The U.S. Treasury will sell $70 bln in 5-yr notes tomorrow.