Stock Market Update

[BRIEFING.COM] The major averages are little changed from prior levels as the session nears midday.

A wide swath of economic data today has garnered mixed reactions in the market.

Retail sales improved, though the data showed a 0.6% decline in electronics and appliance stores and a 1.0% decline in building material and garden equipment and supplies dealers.

Homebuilders have been on an impressive run this week, with the iShares U.S. Home Construction ETF up 5.5% week-to-date, though up a modest 0.1% today.

Treasuries face modest losses, with the 2-year note yield up two basis points to 3.75% and the 10-year note yield up three basis points to 4.32%.