Stocks rise on Wall Street as bond yields ease some more, even while oil prices continue to climb
Gains in big technology stocks and easing bond yields helped lift Wall Street on Thursday even as oil prices ticked higher amid an escalation in the U.S. war with Iran.
TL;DR
- Wall Street indexes experienced gains on Thursday.
- The S&P 500 increased by 1.1%.
- The Dow Jones Industrial Average rose by 634 points (1.2%).
- The Nasdaq composite climbed by 1.4%.
- These gains followed a three-day slide in the indexes.
- Increases in big technology stocks contributed to the rise.
- Easing bond yields also played a role in lifting the market.
- Oil prices ticked higher amid an escalation in the U.S. war with Iran.