Stock Market Update

[BRIEFING.COM] The Dow Jones Industrial Average (+0.56%) is in last place among the major averages, albeit up 275 points.

A look inside the DJIA shows that Goldman Sachs (GS 937.71, +21.67, +2.37%), Amazon (AMZN 205.76, +4.61, +2.29%), and NVIDIA (NVDA 189.22, +4.25, +2.30%) are some of today's top gain getters.

Meanwhile, 3M (MMM 163.61, -4.01, -2.39%) is underperforming.

The DJIA now stands +1.87% higher month-to-date.

Elsewhere, recent action saw a slip to fresh lows in longer tenors while the 5-yr note and shorter tenors hover a bit above their morning highs and below their starting levels. Intraday action was very subdued until a recent jolt that resulted from a weak $16 bln 20-yr bond auction. The just completed sale drew a high yield of 4.664%, which tailed the when-issued yield by two basis points. The bid-to-cover ratio (2.36x) was below average (2.64x) while indirect takedown (55.2%) was also below average (65.3%).