Stock Market Update

[BRIEFING.COM] The Dow Jones Industrial Average (+0.13%) has limped back into positive territory over the last half hour, though hosts the shallowest gains to this point among the major averages.

A look inside the DJIA shows that NVIDIA (NVDA 116.09, +7.34, +6.75%), Salesforce (CRM 283.87, +6.82, +2.46%), and American Express (AXP 261.31, +5.92, +2.32%) hold firm atop the standings.

Meanwhile, Procter & Gamble (PG 168.18, -4.94, -2.85%) is today's worst performer.

The DJIA is now down -3.07% week-to-date.

Elsewhere, U.S. Treasuries continue drifting near their opening levels with shorter tenors continuing their slight underperformance. The market, which was briefly rattled by the release of the cooler-than-expected CPI report for February (0.2%; Briefing.com consensus 0.3%), has held its ground in reaction to the just-completed $39 bln 10-yr note reopening, which met strong demand. The sale drew a high yield of 4.310%, which stopped through the when-issued yield by 0.5 basis points while the bid-to-cover ratio (2.59x vs 2.53x average) was just above average and indirect takedown (67.4% vs 67.6% average) was a touch below average.