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US stocks gain after four declines
U.S. stocks rose today, Wednesday, following a decline in U.S. Treasury yields, which had reached their highest levels since November 2023 at 4.814%. The S&P 500 increased by 0.5%, the Nasdaq by 0.4%, while the Dow Jones Industrial Average jumped 390 points (0.7%), supported by shares of Nvidia and Johnson & Johnson. This rise came after a temporary retreat in yields, which were affected by concerns about inflation resulting from rising oil prices, as West Texas Intermediate crude surpassed $90 and Brent crude exceeded $94, amid escalating military tensions over Iran amid fears of rising conflict.
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