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Wall Street gains as easing of US bond yields boosts tech-related stocks

Wall Street's main indexes opened higher on Tuesday, buoyed by gains in technology-related mega caps as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.

wall street, market, stocks
Reuters
1 min read Last Updated : May 25 2021 | 8:44 PM IST

(Reuters) - Wall Street's main indexes opened higher on Tuesday, buoyed by gains in technology-related mega caps as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.

The Dow Jones Industrial Average rose 34.7 points, or 0.10%, at the open to 34428.66. The S&P 500 rose 8.9 points, or 0.21%, at the open to 4205.94​, while the Nasdaq Composite rose 60.4 points, or 0.44%, to 13721.543 at the opening bell.

 

(Reporting by Shashank Nayar in Bengaluru; Editing by Maju Samuel)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Wall StreetUS bond marketsTech stocks

First Published: May 25 2021 | 7:44 PM IST

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