The market is exhibiting a fair amount of resolve, but the major indices are struggling to stay near their early highs. Travelers (TRV) and Goldman Sachs (GS) are dragging down the Dow.

Treasuries started this holiday-shortened week in red, but quickly bounced. Now, the 10-year note sits at 3.53%.

There are five sectors posting gains this afternoon, including Technology (XLK). Bank stocks are having a poor performance driven by pressure from Goldman Sachs (GS) quarterly results this morning.

Breadth is bullish, especially for the Nasdaq with up volume higher.

With recession worries, investors are keenly focused on how companies have fared in this current environment.