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US stocks gain as yields steady
U.S. stocks rose today, Wednesday, after a brief pause in the upward movement of U.S. Treasury bond yields, which reached their highest level since November 2023 at 4.818%. Gains were led by positive results in the S&P 500, Nasdaq, and Dow Jones indices, supported by increases in Nvidia and Johnson & Johnson shares. Ten-year U.S. Treasury bond yields increased in both the United States and Europe, while the market expects oil prices to decline in the coming months after rising above $95 per barrel of Brent. Despite escalating tensions with Iran, markets anticipate a future decrease in oil prices.
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