Tech Leads U.S. Stocks Higher; Dollar Advances: Markets Wrap
- Treasury yields climb, while crude oil declines with gold
- Many Asian markets closed this week for Lunar New Year holiday
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U.S. stocks rose for a fourth day, with technology shares leading the advance in thin trading ahead of a fresh batch of earnings reports. The dollar advanced on rising prospects for a trade truce.
The S&P 500 closed at the highest since Dec. 3 in volume 20 percent below the 30-day average. Nvidia, Adobe, Microsoft and Apple led the Nasdaq indexes to solid advances. Alphabet reports earnings after the closing bell.