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Wall St climbs as lower Treasury yields lift megacap stocks

  • 📰 Reuters
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

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Rate-sensitive megacap stocks including Apple, Microsoft and Meta were the top boosts to the S&P 500 and the Nasdaq.

Traders work on the floor of the New York Stock Exchange in New York City, U.S., March 2, 2023. REUTERS/Brendan McDermidChina ADRs slip after Beijing's modest growth target of 5%Indexes up: Dow 0.18%, S&P 0.24%, Nasdaq 0.28%

March 6 - U.S. stock indexes rose on Monday as Treasury yields pulled back further ahead of Federal Reserve Chair Jerome Powell's testimony and jobs data this week that could offer fresh cues on the trajectory of interest rates.

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