Stock Market Update

[BRIEFING.COM] The major averages remain near their best levels of the session, resisting some efforts at profit taking.

Today's corporate news flow has been on the light side, leaving the focus on geopolitical and macro developments. President Trump is attending the G7 meeting in Canada, so there is an elevated potential for some trade-related headlines today and tomorrow. Earlier, British Prime Minister Starmer said that his country's trade deal with the U.S. will be completed and implemented very soon while Japan's Prime Minister Ishiba is expected to meet with President Trump after agreeing to accelerate talks.

Treasuries have continued drifting inside a narrow range with the 10-yr yield now back to little changed at 4.42%.