Stock Traders Look Past AI Jitters as Bonds Climb: Markets Wrap

Stock Traders Look Past AI Jitters as Bonds Climb: Markets Wrap

(Bloomberg) — Stocks bounced back as gains in most major industries overshadowed underwhelming earnings from some tech heavyweighs. Bonds climbed after a weak reading on US services.

Most Read from Bloomberg

Almost 350 companies in the S&P 500 advanced, with the benchmark wiping out earlier losses. Nvidia Corp. led gains in chipmakers. But a gauge of the “Magnificent Seven” megacaps sank 1.7% as Alphabet Inc.’s results drove Google’s parent toward its worst slide in over a…

Article Source
https://finance.yahoo.com/news/asian-stocks-track-us-higher-224408875.html