Stock Market Update

[BRIEFING.COM] The Dow Jones Industrial Average (+0.46%) is still the lone gainer among the major averages.

A look inside the DJIA shows that UnitedHealth (UNH 571.71, +22.84, +4.16%), Johnson & Johnson (JNJ 156.79, +5.78, +3.83%), and Intel (INTC 35.03, +0.69, +2.01%) are some of today's top gain getters.

Meanwhile, Amazon (AMZN 186.70, -6.32, -3.27%) is underperforming.

The DJIA is now up about +2.85% week-to-date.

Elsewhere, longer-dated Treasuries hold slim gains, trading just below their best levels of the day while the 2-yr note remains behind, sitting on its flat line. The Treasury market has held its ground in reaction to the just-completed $13 bln 20-yr bond reopening, which met good demand. The sale drew a high yield of 4.466%, which stopped through the when-issued yield by 0.1 bps while the bid-to-cover ratio (2.68x vs 2.62x average) and indirect takedown (77.2% vs 69.5% average) were above average. Longer tenors remain at their best levels of the month even though the Atlanta Fed raised its GDPNow forecast for Q2 GDP to 2.7% from 2.5%, representing the third consecutive increase.