Stock Market Update

[BRIEFING.COM] The stock market turned slightly lower recently, but remains above session lows.

The Treasury market, along with the equity market, turned around somewhat after reports that most of Iran's missiles were destroyed by Israel's defense system. The 10-yr note yield, which dropped to 3.70% earlier, settled six basis points lower than Monday at 3.74% and the 2-yr yield, which hit 3.57% earlier, settled three basis points lower at 3.62%.

Oil prices also turned around somewhat, but still settled sharply higher. WTI crude oil futures traded above $71.00/bbl at their highs, but settled at $69.74/bbl.