Stock Market Update

[BRIEFING.COM] With about two hours left on Tuesday the tech-heavy Nasdaq Composite (+0.60%) holds a commanding lead atop the major averages, up now north of 139 points.

Gold futures settled $54.00 lower (-1.3%) at $4,220.80/oz, as rising U.S. Treasury yields reduced the appeal of non-yielding assets and triggered profit-taking after Monday's six-week high. Lingering macro uncertainty keeps longer-term sentiment from turning outright bearish, but near-term pressure came squarely from higher yields and traders locking in gains.

Meanwhile, the U.S. Dollar Index is up less than +0.1% to $99.47.