_1777294237270_124456903.png&w=48&q=75){kind=small}
US stocks recover after tech slide
The main U.S. stock indexes regained their balance after a decline led by technology shares in the previous session. The Dow Jones increased by 119.94 points (0.22%) to reach 53,463.34 points, the S&P 500 rose by 28.48 points (0.37%) to 7,720.24 points, and the Nasdaq gained 67.17 points (0.26%) to close at 26,356.89 points. This came alongside a decline in long-term Treasury bond yields, following the Treasury Department's announcement of doubling its government debt repurchases, which caused the 30-year bond yield to drop to 5.196% and the 10-year yield to fall to 4.647%. This measure aims to support the market and ease pressures on yields amid investors' assessment of recent economic developments and corporate performance.
Notice: This Is an AI-Generated Summary
Comments (0)