Financial sector down todayTreasuries are also under pressure, taking the benchmark 10-year Note down 4 ticks. Weakness among Treasuries during recent weeks has taken the yield on the 10-year Note from roughly 3.15% at the start of May to the more recent 3.88%. Treasury yields and prices are inversely related.
--------------------------------------------------------------------------------
Stock Market Update - Jun 10 2009 9:45am
The gains made in the first few minutes of trading have been pared, but a positive bias persists as nine of the 10 major indices show solid gains.
Financials (-0.2%) make up the only major sector to trade with a loss.