NEW YORK (AP) — Stocks rose in morning buying and selling on Wall Street Tuesday as traders are tempted by decrease costs a day after the S&P 500 hit its lowest degree in additional than a 12 months.
The benchmark index rose 1% within the early going, a day after sinking 3.2%.
Big expertise shares, which have been swinging sharply each up and down lately, had been again within the inexperienced. That helped push the Nasdaq composite up 1.62%.
Apple and Microsoft every rose.
High-end train bike maker Peloton dropped 13% after reporting a lot worse outcomes than analysts had been anticipating.
The yield on the 10-year Treasury fell to 2.97%.
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