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Market move● Neutral for Indian equities
US stocks: US market rebounds to close higher as surging Treasury yields recede
The brief
- US stocks recovered from earlier losses, with the S&P 500 closing higher
- The rebound followed a global bond selloff as Treasury yields receded
- US market moves can shape risk appetite for Indian equities and foreign flows
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- Bonds set for bruising September; stocks fare better
- Wall Street’s Hopes for a Blockbuster IPO Season Are Starting to Fade
- COMMENTARY: Trading Day: Stocks still in bonds' grip
- Oura delays US IPO, adding to fall market jitters