US stocks: Wall Street ends higher as tech rebounds before Nvidia results
All three major indices rose for the day
Wall Street's main indexes closed higher on Tuesday, Aug 25, as technology stocks rebounded ahead of AI giant Nvidia's results, while investors found some relief in drops in oil prices and bond yields. The gains could ease investor concerns stemming from a recent bond market rout that lifted yields and pressured equities, potentially setting the tone for September, a historically weaker month for stocks.
Longer-dated Treasury yields fell on Tuesday as oil prices dropped and traders weighed the implications of Treasury Secretary Scott Bessent's decision to expand Treasury buybacks.
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