US indexes edge higher as bond-market swings ease
The S&P 500 snapped a three-day losing streak, while European markets fell sharply and major US indexes remained lower for the week.
US stocks edged higher Thursday after bond yields rose and then gave back gains later in the day. The S&P 500 gained 0.2% to 7,666.45, ending a three-day losing streak.
The Dow Jones Industrial Average added less than 0.1% to 50,926.56. The Nasdaq Composite also rose less than 0.1%, while the Russell 2000 gained 0.3%.
European indexes fell more sharply amid bond-yield moves, with London down 1.7%, Paris 1.6% and Frankfurt 1%. For the week, the S&P 500 was down 1%, the Dow 1.7%, the Nasdaq 0.7% and the Russell 2000 1.1%.
For the year, the S&P 500 was up 12%, the Dow 6%, the Nasdaq 15.6% and the Russell 2000 13.1%.
This article was produced with the help of AI technology.
Source: Yahoo Finance
