Further buoying gains in megacap names was declining yields on the U.S. 10-year Treasury note after hitting a fresh six-week high earlier in the day.
A fall in Treasury note yields indicate traders expect greater return from investments in risky assets.Advancing issues outnumbered decliners by a 2.26-to-1 ratio on the NYSE and by a 1.31-to-1 ratio on the Nasdaq. The S&P index recorded three new 52-week highs and no new low, while the Nasdaq recorded 39 new highs and 41 new lows.Our Standards:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
What a Wall Street bear needs to see to flip bullish on stock marketHere's what needs to happen for one of Wall Street's biggest bears to flip bullish and be won over by the stock market
Source: BusinessInsider - 🏆 729. / 51 Read more »