On Tuesday, October 10, U.S. stock markets closed higher, driven by declining yields across various maturities, including a drop in the 10-year yield to 4.652%.
The majority of the S&P 500 sectors ended positive, with utilities, materials, consumer discretionary, and consumer staples leading the gains. In contrast, energy stocks slightly declined.
The Dow Jones Industrial Average closed higher by 0.40% at 33,739.30, the S&P 500 followed suit with an increase of 0.52%, settling at 4,358.24, and the tech-heavy Nasdaq Composite rose 0.58% to conclude at 13,562.84.
Asia Markets Today
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