Stock Market Update

[BRIEFING.COM] The Dow Jones Industrial Average (+0.03%) eked above flat lines, modestly higher now over the last half hour.

A look inside the DJIA shows that Johnson & Johnson (JNJ 141.55, -4.68, -3.20%), Merck (MRK 99.45, -1.57, -1.55%), and Walt Disney (DIS 109.80, -1.59, -1.43%) are among today's top laggards.

Meanwhile, UnitedHealth (UNH 519.77, +5.52, +1.07%) outperforms.

The DJIA is now -0.44% lower week-to-date.

Elsewhere, U.S. Treasuries have continued their rebound off morning lows with longer tenors turning positive in recent trade, thanks in part to a strong $22 bln 30-yr bond reopening. The just-completed sale drew a high yield of 4.913%, which stopped through the when-issued yield by 0.7 basis points while the bid-to-cover ratio (2.52x) was comfortably above average (2.42x). However, indirect takedown (66.6%) was a bit below the average (67.1%) seen at the previous 12 auctions. The 30-yr yield is now four basis points below its morning high, which marked the highest level since early November.