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Published 1 year ago

Dow climbs 340 points as stocks finish higher despite rising Treasury yields

Summary by Ground News
U.S. stocks closed higher on Thursday, shrugging off early losses. Atlanta Fed President Raphael Bostic appeared to help lift stocks in afternoon trading. The market suffered earlier as the yield on the 10-year Treasury note moved meaningfully above 4%. The Dow Jones Industrial Average gained 341.73 points, or 1.1%.

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