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Stocks Rise to Cap Week of Rising Yields and Volatile Oil
Original: Stocks Rise to Cap Week of Increasing Yields, Volatile Oil Prices
US stocks closed higher at the end of a turbulent week for financial markets, according to the Wall Street Journal. The gains came despite rising bond yields and sharp swings in oil prices, which have kept investors on edge. Traders weighed inflation concerns and energy market uncertainty as they headed into the weekend, with markets watching closely for signals on interest rate policy.
Why now: Investors are reacting to a volatile week driven by climbing bond yields and erratic oil prices.
Wall Street JournalUS stock marketoil prices
Evidence
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