Published 4 years ago • loading... • Updated 4 years ago
Wall Street rallies to higher close boosted by banks, big tech
Summary by Ground News
The S&P 500 is coming off its longest weekly losing streak since the dot-com bubble was deflating in 2001. Concerns about inflation have been weighing on the market and have kept major indexes in a slump. The yield on the 10-year Treasury, which helps set mortgage rates, rose to 2.86%.