🤖 Stocks Rise on Wall Street as Bond Yields
Published by OOPSONLINE.IN · Source: The Atlanta Journal-Constitution · 1 min read · · Updated
What actually happened
Stocks are rising on Wall Street as bond yields ease further, even while oil prices continue to climb amid ongoing tension in the Middle East. Fighting between the U.S. and Iran has increased this week after the U.S. hit Iranian rocket launchers on an island in the Strait of Hormuz on Sunday. The S&P 500 rose 0.9% Thursday, with technology stocks powering much of the rally. The Dow added 579 points, or 1.1%, and the Nasdaq composite rose 1.2%. Nvidia rose 1.1% after the giant chip company said it would buy the artificial intelligence platform Hugging Face for $13 billion.
Key points
- Stocks are rising on Wall Street as bond yields ease further, even while oil prices continue to climb amid ongoing tension in the Middle East.
- Fighting between the U.
- and Iran has increased this week after the U.
- hit Iranian rocket launchers on an island in the Strait of Hormuz on Sunday.
Summary based on data provided by The Atlanta Journal-Constitution. Full article available at the original publisher.
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