US closed higher in the first session of the second half of the year, even as Treasury yields hit multi-week highs.
Strong gains in the technology sector helped the benchmark S&P 500 add 0.3 per cent despite almost three quarters of the index’s constituents declining on the day. The Nasdaq Composite rose 0.8 per cent, with every Magnificent Seven tech group finishing higher.
Treasuries sold off as traders weighed higher odds of Donald Trump being elected as US president later this year. The…
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