US stocks recovered from session lows but finished the day mixed as investors digested a recent bond market sell-off and the next wave of earnings reports. The S&P 500 and Dow Jones Industrial Average closed just below the flatline, while the tech-heavy Nasdaq Composite ticked up around 0.2%. It was the first first back-to-back negative days for the S&P 500 since Sept. 6.
2% after Monday's sharp gains helped push it above that level for the first time since July. The bond selling has weighed on rate-sensitive stocks such as real estate, with rising yields typically a catalyst for stock drawdowns. On the earnings front, General Motors raised its guidance for the third time this year as upbeat EV sales helped deliver a quarterly profit and revenue beat. GM shares closed up more than 10%.
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