US stocks shrug off rise in bond yields
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Wall Street continued to flip in and out of negative territory on Wednesday, as investors watched bond yields and oil prices in the absence of fresh economic news.
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U.S. stocks rose on Wednesday as a pullback in benchmark bond yields triggered a rebound in interest-rate-sensitive shares including banks, utilities and home builders.
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Stocks rose on Monday as data on existing-home sales were in line with analysts' forecasts, allowing investors to focus on the recent pull-back in bond yields and the Federal Reserve's policy-setting meeting this week.
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NEW YORK, June 20 -- A surge in Treasury yields rattled Wall Street on Wednesday, forcing stocks to give up early gains and drive down the Dow Jones industrial average more than 140 points.
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US stocks drifted higher today, brushing aside another record high for oil prices amid hopes the impending tide of third-quarter profit reports will override worries about a struggling economic recovery.
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US stocks finished flat on Wednesday after the Federal Reserve raised interest rates for a fourth time this year and indicated it would keep its moderate campaign of tightening
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Stocks edged higher on Wednesday as gains in the energy sector helped offset concern about more fallout from the housing slump after Standard & Poor's slashed its outlook on the debt of the world's biggest bond insurers.
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U.S. stocks were little changed on Thursday, as investors avoided taking big positions a day after the Dow hit an all-time high for a second straight day and before employment data on Friday.
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U.S. stocks edged up on Tuesday as  investors expected the Federal Reserve to stay on a course of  "measured" interest-rate increases, while major Wall Street  investment banks rose on higher profits.
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Stocks rose as investors looked past rate cut disappointment and reversed Tuesday's sell-off.
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U.S. stocks were near the unchanged  mark on Monday, pausing for breath after last week's  post-election rally as another interest rate rise loomed, while  drug maker Pfizer Inc. weighed on the Dow and S&P 500 indexes.
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Stocks fell on Tuesday as rising bond yields stoked concerns that higher borrowing costs could cut into corporate profits and put a damper on deal activity.
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Stock indexes hardly budged on Monday as the reemergence of turmoil in the subprime mortgage market kept investors cautious despite a fresh round of corporate takeovers.
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Stocks edged lower on Tuesday as bond yields rose and possible fallout from the subprime mortgage market kept investors on edge.
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STOCKS drifted yesterday as investors waited for an expected quarter-point hike in US interest rates and results from technology giant Cisco Systems.
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U.S. stocks were little changed on   Friday, with investors wary of making bold bets following a   four-day run-up that drove the Dow up near a record and put   Wall Street on course for its biggest third quarter in nine   years.
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Wall Street was sharply higher as investors shrugged off concerns about problems in the bond insurance industry.