US Stocks Rebound as Yields Retreat
US equities recovered from early losses to close higher on Thursday as a global bond selloff reversed course and Treasury yields pulled back. Energy shares led the gains alongside technology stocks.
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United States equities rebounded from early losses to close higher on Thursday, with the S&P 500 gaining 14.94 points to 7,666.48. The bounce followed a reversal in global bond selloffs that had pushed Treasury yields to multi-decade highs. The recovery highlights resilient investor demand despite persistent inflation concerns and strong economic data.
