The S&P 500 experienced a slight increase on Tuesday as Treasury yields declined for a second consecutive day.
A rally in semiconductor stocks helped lift the Nasdaq Composite.
The broader index rose by 0.32%, closing at 7,677.28, while the Nasdaq Composite gained 0.66%, ending at 26,151.30.
The Dow Jones Industrial Average increased by 160.24 points, or 0.3%, to finish at 53,577.40, marking its third consecutive winning session.
Bond yields fell again, with the 10-year Treasury note yield dropping more than 7 basis points to 4.625%.
Yields had also retreated on the previous day after reports suggested the Treasury Department might use its $1 trillion General Account to fund bond repurchases. Additionally, West Texas Intermediate crude futures declined by over 3%.
Source (CNBC)
