Commodities
US Stocks Surge Amid Interest Rate Concerns and Geopolitical Tensions
The US stock market ended the trading session on a high note, with the S&P 500 index gaining 83.44 points or 1.10% to reach 7,675.14.
The Nasdaq led the way, rising by 329.25 points or 1.26% to 26,410.97, while the Dow Jones Industrial Average increased by 580.93 points or 1.12% to 52,645.03.
This uptick occurred despite concerns over interest rates, high energy costs, and geopolitical tensions.
Nvidia led the top gainers with a market capitalization of $5.37 trillion, followed by Apple at $4.89 trillion.
The 10-year Treasury yield dropped to 4.940%, while Brent crude fell 3.07% and US crude lost 3.48%.