Stocks mostly rise as oil, US yields ease; French stocks fall
SPY•US stocks ended mostly higher as oil prices and Treasury yields eased: the Dow rose 1.02%, the S&P 500 gained 0.28% and the Nasdaq slipped 0.02%. French stocks fell 0.38%, while Brent crude settled at $108.79 a barrel.
1. US stocks mostly higher
The Dow rose 529.85 points to 52,495.88, helped by a 5.8% gain in 3M after it expanded its data-center partnership with Amazon and raised its full-year profit forecast. The S&P 500 added 21.84 points to 7,712.57, while the Nasdaq fell 6.07 points to 26,424.82. Investors looked to earnings for signs of economic resilience and returns from AI spending.
2. Yields and oil ease
The 10-year US Treasury yield fell 1.5 basis points to 5.121%. Brent crude fell 76 cents to settle at $108.79 a barrel after reaching $111.99, a five-month high, earlier in the session. French stocks fell 0.38% as investors weighed unrest and planned demonstrations; France’s 10-year government bond yield rose to 4.96%.
