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Wall St bounces back 1%; yields on 10-year US notes end week little changed

Expedia slips on disappointing 2018 guidance; Nvidia jumps after upbeat results, forecast


Wall Street's three main indexes rose more than 1% on Friday, bouncing back from a steep selloff this week that pushed the Dow Jones Industrial Average and the S&P 500 into correction territory Stocks had plunged 4% on Thursday, sending the Dow and the S&P more than 10% below their record highs on Jan. 26 and adding to the sense that rising US government bond yields had begun a major correction to nine years of near uninterrupted gains for Wall Street. The yield on benchmark 10-year US Treasuries, which tends to be the driver of global borrowing costs, was hovering at ...

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First Published: Fri, February 09 2018. 21:44 IST