Yields retreat from 24-year high, lifting US stocks
US stocks turned higher and eked out minor gains as Treasury yields retreated from their highest level in 24 years.
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US stocks surge on AI optimism, falling yields, easing oil prices
The S&P 500 and Nasdaq closed sharply higher, boosted by AI chipmaker Advanced Micro Devices reaching a $1 trillion valuation. Treasury yields retreated from recent highs, and crude prices tumbled to an 11-day low amid speculation about Middle East peace talks.