![]() ![]() crude rose another $2.68 to $113.28 per barrel in electronic trading on the New York Mercantile Exchange. However, yields still were below where they were before Russia's invasion. The yield on the 10-year Treasury bond, or the difference between its market price and the payout at maturity, rose to 1.89% from Tuesday's 1.72%. jumped 8.4% after it said it was accelerating its transformation into an electric-vehicle company and separated its EV and internal combustion operations. Energy stocks also helped lift the index as they rode higher oil prices.įord Motor Co. Tech, finance and health care companies accounted for a big share of the rally. More than 90% of stocks in the S&P 500 rose. The Nasdaq composite advanced 1.6% to 13,752.02. The Dow Jones Industrial Average gained 1.8% to 33,891.35. Traders already were uneasy about plans by the Fed and other central banks to fight inflation by withdrawing ultra-low interest rates that boosted stock markets. Share prices have swung widely as investors try to figure out how the Russian attack will affect supplies of oil, wheat and other commodities and the global recovery from the coronavirus pandemic. New Zealand and Southeast Asian markets also advanced. ![]()
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