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U.S. stocks rise as Syria fears ease; yield curve flattens

Reuters  |  NEW YORK 

By Hilary RussNEW YORK (Reuters) - Wall Street closed higher on Monday as investors appeared less concerned about possible retaliation for U.S.-led missile strikes on Syria, and the yield curve reached its flattest level in over a decade.Saturday's strikes were the biggest intervention by Western countries against Syrian President Bashar al-Assad, whose ally Russia is facing further U.S. economic sanctions over its role in the conflict."The catalyst had been the concern about trade issues, which is calming down. The bombing in Syria looks to be an event rather than an ongoing thing and it was ...

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First Published: Tue, April 17 2018. 02:14 IST