Stock Market Update

[BRIEFING.COM] There hasn't been much up or down movement at the index level in recent trading.

Small cap stocks are holding up okay, leading the Russell 2000 to trade down 0.3%. It is the best performing index this month, up 5.5%.

Treasury yields remain near intraday highs, undoing some modest safe-haven buying seen yesterday. This follows a Reuters report that President Putin is open to ceasefire talks with the caveats that Ukraine not join NATO and that no territorial concessions will be made. The 10-yr yield is up five basis points to 4.41% and the 2-yr yield is up three basis points at 4.30%.