Stock Market Update

[BRIEFING.COM] The S&P 500 declined slightly over the last half hour, still trading 0.4% higher than yesterday. 

Treasuries settled mixed after a busy week that featured the release of a big batch of quarterly results, another rate cut from the FOMC, the outcome of congressional and presidential elections, underwhelming stimulus news from China, and growing political uncertainty in Germany and Japan. The 10-yr yield dropped four basis points today, and five basis points this week, to 4.31%. The 2-yr yield settled three basis points higher today, and five basis points higher this week, at 4.25%.

Looking ahead to Monday, the bond market is closed for Veterans Day.