US Stocks Post Strongest Gains Since Early August as Tech Leads
The S&P 500 rose 1.5% and the Nasdaq gained 2.3%, while WTI crude dropped 5.1% to $95.16 and the 10-year Treasury yield fell to 4.95%.
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Technology shares led a broad advance in U.S. equities, with the S&P 500 up 1.5% and the Nasdaq up 2.3% — the strongest performance since early August.
In other markets, WTI crude fell 5.1% to $95.16 per barrel, and the 10-year Treasury yield declined to 4.95%.
The moves point to a risk-on tone in stocks alongside lower yields and a pullback in oil prices.
Source: First Squawk