Business Standard

Wall Street rises as falling yields soothe


Reuters NEW YORK
NEW YORK (Reuters) - U.S. stocks rose to more than three-week highs on Monday, with major indexes rising over 1 percent, as a decline in Treasury debt yields assuaged investors' concerns about rising interest rates and refocused attention on economic growth.
The Dow Jones Industrial Average <.DJI> rose 399.01 points, or 1.58 percent, to 25,709, the S&P 500 <.SPX> gained 32.3 points, or 1.18 percent, to 2,779.6 and the Nasdaq Composite <.IXIC> added 84.07 points, or 1.15 percent, to 7,421.46.
(Reporting by April Joyner; Editing by James Dalgleish)

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First Published: Feb 27 2018 | 2:38 AM IST

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