Home Business Wall Street Rises as Bond Yields Decline, Earnings Awaited Amid Geopolitical Uncertainties

Wall Street Rises as Bond Yields Decline, Earnings Awaited Amid Geopolitical Uncertainties

by Sonia Park
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In a notable market shift, Wall Street closed higher as bond yields declined, providing a boost to stocks. The benchmark 10-year Treasury note witnessed a significant drop of more than 12 basis points, coupled with easing oil prices. Investors, however, remain watchful of geopolitical tensions arising from the Israel-Hamas conflict as they look ahead to third-quarter earnings. At the closing bell, major indices reflected positive gains, with the Dow Jones Industrial, S&P 500, and Nasdaq all posting notable increases.

The financial landscape on Wall Street experienced a positive turn as bond yields, particularly the benchmark. . .

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