US STOCKS-Wall Street posts solid gains, as defensives, tech shine ...Middle East

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US STOCKS-Wall Street posts solid gains, as defensives, tech shine
source : Devdiscourse ( Middle East ) () 23
Wall Street's main indexes posted solid gains on Thursday, fueled by strong performance from defensive and tech shares that outweighed declines for economically sensitive groups as worries persisted about a potential recession. The benchmark S&P 500 swung between positive and negative during the session, but stocks picked up steam heading into the market's close. Benchmark U.S. Treasury yields fell to two-week lows, supporting tech and other rate-sensitive growth stocks.

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