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US stocks dip amid market shifts
U.S. equities rose slightly at the start of Friday, amid financial market fluctuations and the impact of rising U.S. Treasury bond yields on market performance. The S&P 500 and Nasdaq indices increased by 0.2%, while the Dow Jones Industrial Average gained 117 points. Shares of Akamai Technologies led the gains after announcing a multi-year agreement with Anthropic. Meanwhile, oil prices declined amid hints of reopening the Strait of Hormuz and the potential resumption of nuclear negotiations between the United States and Iran. Treasury yields for 10- and 30-year bonds reached their highest levels since 2007 and 2004, respectively. The market was influenced by rising interest rates and expectations of a rate hike in October, with ongoing attention to Chinese President's visit to the U.S. and the trade talks between the two countries.
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