Stock Market Update: Tech Rises as Treasury Yields Stabilize

Reported 1 day ago

In early trading, U.S. equity futures showed signs of recovery as Treasury yields steadied, particularly with a notable drop in jobless claims and a slight improvement in private sector job creation, as reported by ADP. Despite concerns over inflation and an anticipated focus on tariffs from President-elect Donald Trump, stocks were projected for modest gains after a significant decline in the previous session. Oil prices also surged in response to a decrease in OPEC production.

Source: YAHOO

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