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The S&P 500 rebounded on Tuesday following a losing session on Wall Street with rising oil prices and bond yields in focus.
The Dow Jones Industrials lost 32.73 points to 41,921.51.
The much-broader index improved 31.88 points to 5,727.82.
The NASDAQ Composite recovered 164.12 points to 18,088.03.
Technology shares powered higher Tuesday, with Nvidia ahead 3%, and Apple last up 2%. Meta Platforms, Tesla and Microsoft rose at least 1% each.
Stocks have been volatile this month as fears of an escalating conflict in the Middle East mount. The S&P 500 is off by a little more than 1.1% in October following a 2% gain in September. Stocks are also coming off a rocky session that saw all three major averages finish lower.
Prices for the 10-year Treasury dropped, making yields jump to 4.04% from Monday’s 4.02%. Treasury prices and yields move in opposite directions.
Oil prices dipped $3.04 to $74.10 U.S. a barrel.
Gold prices stumbled $10.30 to $2,655.70 U.S. an ounce
US Market Updates