Stock Market Update

[BRIEFING.COM] The major indices are moving in a mixed manner as market participants wait anxiously for details out of the U.S.-China trade talks. Investors, though, still look predisposed to thinking there will be positive outcomes.

Small-cap stocks continue to lead the action, most S&P 500 sectors are trading higher, and breadth figures favor advancers by a sizable margin in the early going.

Lower Treasury yields are providing some tangential support for the equity market today. The 2-yr note yield is down one basis point to 3.99%, and the 10-yr note yield, which began the year at 4.57%, is down four basis points to 4.44%.

There will be a $58 billion 3-yr note auction today, with results announced at 1:00 p.m. ET.