Economy

Wall St gains as lower bond yields boost tech stocks

Economy24 minutes ago (May 25, 2021 09:40AM ET)1Wall St gains as lower bond yields boost tech stocks© Reuters. FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York City, U.S., May 4, 2021. REUTERS/Brendan McDermid/File Photo

(Reuters) – Wall Street’s main indexes opened higher on Tuesday, buoyed by gains in technology-related mega caps as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.

The Dow Jones Industrial Average rose 34.7 points, or 0.10%, at the open to 34428.66. The S&P 500 rose 8.9 points, or 0.21%, at the open to 4205.94​, while the Nasdaq Composite rose 60.4 points, or 0.44%, to 13721.543 at the opening bell.Wall St gains as lower bond yields boost tech stocks1Comments (1)

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