Stocks Finish Higher on Yields

The blue-chip indexes closed their highest since 2001 after Treasury yields eased from 20-month peaks

Stocks finished higher Tuesday, as good news from a tech bellwether and retreating bond yields helped investors overlook disappointing retail sales data. The investment banking sector led gainers on the back of an upbeat earnings report, while homebuilding and some financial stocks were also strong, says Standard & Poor's MarketScope.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.