U.S. Stocks Advance as Dollar, Treasuries Decline: Markets Wrap
- Ten-year yield gains following slide; West Texas crude rises
- Copper touches highest in four years, gold also rallies
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U.S. stocks rose amid thinned-out trading between holidays. The dollar touched its lowest level this month, while Treasury yields rose after Wednesday’s slide.
The S&P 500 Index closed higher for the second day amid trading nearly 40 percent below the 30-day average. The greenback dropped against all major peers on its way to the worst year in more than a decade. Ten-year Treasury yields advanced toward 2.43 percent after the biggest intraday slide since the start of December on Wednesday.