[BRIEFING.COM] The major indices continue to trade below session highs, sporting modest gains. The pullback from highs coincided with reports that the EU and US have made little progress on trade talks.
Market breadth still shows a strong positive bias under the surface. Advancers lead decliners by a 5-to-2 margin at the NYSE and by a 2-to-1 margin at the Nasdaq.
Treasury yields are lower, acting as support for equities after weakness in the Treasury market was a source of angst for equities of late. The 10-yr yield is down one basis point to 4.35%.