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Stocks finish higher as Treasury yields spike and Amazon rallies
Yahoo Finance reports that US major indexes ended higher despite a sharp increase in Treasury yields during the session.
The report says Amazon shares surged, helping drive gains as investors weighed the impact of rising rates.
Overall, the day ended with the Dow and Nasdaq up following the yield move, while Amazon outperformance stood out among individual names.
Latest closeNasdaq Comp. 25,373.85 ▲1.0%|Dow Jones 52,485.03 ▲0.5%
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