[NEW YORK] Wall Street stocks rose on Thursday following a recovery in 10-year US Treasury yields, after weakness in bond rates in recent sessions raised worries about slowing economic growth.The broad-based S&P 500 also advanced 0.4 per cent to end at 2,815.44, while the tech-rich Nasdaq Composite Index won 0.3 per cent to 7,669.17.Market voices on:
Earlier, the Commerce Department sharply downgraded the growth estimate for the final quarter of 2018 to 2.2 per cent from the prior estimate of 2.6 per cent, amid lower consumer spending and business investment. White House economic adviser Larry Kudlow said the negotiations are not"time dependent" and could be extended.
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