Stock Market Update

The stock market remains on course for a firmly higher start that will push the S&P 500 further into record territory.

Bank stocks are expected to show early strength after the release of positive stress test results from the Fed. Goldman Sachs (GS 714.92, +24.11, +3.5%) is a notable standout to the upside while other banks like JPMorgan Chase (JPM 289.35, +2.24, +0.8%), Citigroup (C 85.00, +0.62, +0.7%), Wells Fargo (WFC 80.95, +1.45, +1.8%), and Bank of America (BAC 47.77, +0.65, +1.4%) are on track to show slimmer opening gains.

Treasuries started the day in positive territory, sending the 10-yr yield lower by three basis points to 4.25%.