Wall Street recovers as bond yields rise

U.S. stock indices rose after sharp losses, with the Dow Jones increasing by 0.68%, the S&P 500 by 0.39%, and the Nasdaq by 0.19%. Geopolitical tensions and rising bond yields continued to weigh on equities. Despite the rebound, markets were heading towards ending the week lower due to concerns over rising debt and borrowing costs, as the 30-year bond yield reached its highest level since 2007. Attention is now focused on upcoming inflation data and earnings reports from tech companies like NVIDIA, amid expectations of improved profits and a higher-than-anticipated market performance.

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