Stock Market Update

[BRIEFING.COM] The market opened to upside action, powered by another solid move higher in NVIDIA (NVDA 139.74, +4.08, +3.0%). Many other stocks are participating, too. The equal-weighted S&P 500 is 0.1% higher and the market-cap weighted index shows a 0.2% gain. 

Nine of the 11 S&P 500 sectors trade higher. The energy (+1.4%) and utilities (+0.9%) sectors lead the pack while the real estate (-0.1%) and health care (-0.03%) sectors show modest declines. 

The A-D line favors advancers by a 5-to-3 margin at the NYSE and by an 11-to-10 margin at the Nasdaq. 

Treasury yields are higher after this morning's economic releases. The 10-yr note yield is up six basis points to 4.28% and the 2-yr note yield is up four basis points to 4.74%.