US Stocks Hit Fresh Records on Easing Yields
US stocks closed higher Tuesday as Treasury yields retreated from multi-year peaks, relieving investor pressure and shifting focus to the upcoming Q3 earnings season. The S&P 500 logged its 28th record close.
US stocks finished higher on Tuesday as Treasury yields pulled back from multi-year highs, easing pressure on investors and helping shift attention toward the upcoming third-quarter earnings season. The S&P 500 CBOE:SPX scored its 28th record closing level, while the Dow Jones Industrial Average and Nasdaq also ended at fresh highs.