Wall Street rises as 10-year yield drops
Wall Street indices closed higher, propelled by gains in AI companies, such as Advantest Micro Devices, which reached a market value of one trillion dollars for the first time, amid a decline in the yields of 10-year U.S. Treasury bonds to below 5%. Oil prices also fell to their lowest levels in 11 days, amid increasing expectations of possible agreements in the Middle East negotiations. European markets rose, supported by falling oil prices, while Gulf stock markets declined.
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