New York, August 9 (IANS): US stocks closed higher as concerns for global economic slowdown eased after global bond yields stabilised.
The Dow Jones Industrial Average was up 371.12 points, or 1.43 per cent, to 26,378.19 on Thursday. The S&P 500 rose 54.11 points, or 1.88 per cent, to 2,938.09. The Nasdaq Composite Index rallied 176.33 points, or 2.24 per cent, to 8,039.16, Xinhua reported.
The US Benchmark 10-year Treasury note yield traded at around 1.72 per cent on Th
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