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How major US stock indexes fared Tuesday

KIFI

The Associated Press

Technology companies and banks led stocks higher on Wall Street Tuesday, more than making up the market’s losses a day earlier. Bond yields rose. The yield on the 10-year Treasury note rose to 1.96%, its highest level since before the pandemic began. The mostly muted trading this week follows weeks of volatility amid uncertainty over how aggressively the Federal Reserve will raise interest rates to fight inflation.

Article Topic Follows: AP National Business

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Associated Press

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