Stock Market Update

[BRIEFING.COM] The Dow Jones Industrial Average (-0.44%) is in second place on Tuesday afternoon, down about 204 points.

A look inside the DJIA shows that Nike (NKE 42.73, -1.30, -2.95%), Walmart (WMT 122.86, -3.93, -3.10%), and Home Depot (HD 317.23, -9.42, -2.88%) are some of today's top laggards.

Meanwhile, UnitedHealth (UNH 310.05, +28.69, +10.20%) rises firmly.

The DJIA now stands +0.27% higher month-to-date.

Elsewhere, U.S. Treasuries trade above their morning lows, but still below their starting levels, fighting to resist overall downward pressure, which comes alongside an extension in the rise of the price of oil. President Trump's 20:00 ET deadline for Iran is fast approaching, keeping geopolitical uncertainty at a high level. The market has received some recent support from today's $58 bln 3-yr note sale, which made for a strong start to this week's note auction slate. Today's sale drew a high yield of 3.897%, which stopped through the when-issued yield by more than a basis point while the bid-to-cover ratio (2.68x vs 2.61x average) and indirect takedown (74.8% vs 63.0% average) were above average.