US stocks weekly: S&P 500 snaps 2-week losing streak, rises 1.2%
Dow gains 0.3% and Nasdaq Composite rises 2.1% in volatile trading as U.S. 10-year Treasury yield finishes around 5.16%.
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Dow gains 0.3% and Nasdaq Composite rises 2.1% in volatile trading as U.S. 10-year Treasury yield finishes around 5.16%.
The S&P 500 rose 1.2% in volatile trading as the 10-year Treasury yield climbed to around 5.16% and global bond market turmoil stoked inflation worries. Technology and communication services led gains, while financials and bond proxies lagged.