Stock Market Update

[BRIEFING.COM] The Dow Jones Industrial Average (-1.39%) is in "first" place, down just 573 points as we see more aggressive losses elsewhere.

A look inside the DJIA shows that Salesforce (CRM 270.93, -13.65, -4.80%), Home Depot (HD 347.26, -15.17, -4.19%), and Amazon (AMZN 192.40, -6.49, -3.26%) are underperforming.

Meanwhile, Verizon (VZ 43.66, +1.07, +2.51%) is decently higher.

The DJIA has now amassed losses of -4.73% week-to-date.

Elsewhere, U.S. Treasuries trade at their best levels of the session after overcoming early weakness. The market spent the first two hours of action in a sideways range near session lows, but rallied alongside weakness in equities. Treasuries dipped from their highs in recent trade, responding to a poorly received $22 bln 30-yr bond reopening. The sale drew a high yield of 4.623%, which tailed the when issued yield by more than a basis point while the bid-to-cover ratio (2.37x vs 2.43x average) and indirect takedown (60.5% vs 66.5% average) were below average.