US stocks rise, even as the bond market applies more pressure
- U.S. stocks rose on Friday, recovering some losses from a volatile week.
- The S&P 500 increased by 0.4%, marking its second gain in six days.
- The Dow Jones Industrial Average rose by 517 points, or 1%.
- The yield on the 10-year Treasury rose to 4.73%, indicating ongoing bond market volatility.
- Bitcoin climbed above $77,000, benefiting from lower interest rates and legislative hopes.
U.S. stocks rose on Friday and trimmed their losses from a shaky week, despite continued pressure from a volatile bond market. The S&P 500 rose 0.4% for just its second gain in the six days since setting its all-time high last week. The Dow Jones Industrial Average jumped 517 points, or 1%, and the Nasdaq composite climbed 0.4%.
Ross Stores led the way with a 4.4% increase after reporting stronger-than-expected profits and revenue for the latest quarter. Most U.S. companies have reported bigger profits for the spring than analysts expected, which has contributed to recent stock gains.
However, the bond market remains unsettled, with the yield on the 10-year Treasury rising to 4.73% from 4.69%. This increase is attributed to ongoing concerns about inflation and the U.S. government's rising debt. Bitcoin has also seen significant gains, climbing above $77,000, as lower interest rates and potential legislative support for the crypto industry boost investor sentiment.
美国股市上涨，尽管债券市场施加更多压力
美国股市在周五上涨，恢复了部分波动一周的损失，尽管债券市场仍然施加压力。标准普尔500指数上涨0.4%，这是六天内的第二次上涨。道琼斯工业平均指数上涨517点，或1%，纳斯达克综合指数上涨0.4%。
罗斯商店因报告最新季度的利润和收入超出预期，股价上涨4.4%。大多数美国公司在春季的利润超出分析师预期，这推动了最近的股市上涨。
然而，债券市场仍然不稳定，10年期国债收益率从4.69%上升至4.73%。这一增长归因于对通货膨胀和美国政府债务上升的持续担忧。比特币也大幅上涨，超过77,000美元，因较低的利率和对加密货币行业潜在立法支持提升了投资者信心。