Stock Market Update

[BRIEFING.COM] The S&P 500 peaked above its prior close in the final half hour of trading.

Separately, Treasuries settled in mixed fashion. The 10-yr yield rose three basis points to 4.37% and the 2-yr yield fell one basis point to 4.00%. On a related note, the U.S. Treasury completed this week's note offering slate with a weak sale of 7-yr notes.

Thursday's economic data includes:

• 8:30 ET: February Personal Income (Briefing.com consensus 0.4%; prior 0.9%), Personal Spending (Briefing.com consensus 0.6%; prior -0.2%), PCE Prices (Briefing.com consensus 0.3%; prior 0.3%), and Core PCE Prices (Briefing.com consensus 0.4%; prior 0.3%)
• 10:00 ET: Final March University of Michigan Consumer Sentiment (Briefing.com consensus 57.9; prior 57.9)