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Wall Street Gains Amid Lower Bonds and Oil
U.S. stock indexes rose significantly, supported by the decline in 10-year Treasury bond yields below 5% and falling oil prices, after stocks had incurred losses in the previous session. The Dow Jones Industrial Average increased by around 358 points (0.7%), the S&P 500 by 1.1%, and the Nasdaq by 1.6%. The declines in bond yields and oil prices eased concerns and boosted investor appetite, with major technology companies such as Nvidia and Amazon gaining over 2%.
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