Stocks rose on Wall Street as bond yields eased further and a rally in big technology companies helped the market recoup its losses from earlier in the week. The S&P 500 rose 1.1% Thursday, with technology stocks powering much of the gains. The Dow climbed 1.2%, and the Nasdaq composite rose 1.4%. Nvidia rose 1.8% after the giant chip company said it would buy the artificial intelligence platform Hugging Face for $13 billion. Oil prices, which rose sharply earlier this week, closed little changed. Treasury yields fell in the bond market.
Stocks on Wall Street closed higher Thursday as a recent run-up in bond yields eased further and big technology companies rallied, helping the market recoup its losses from earlier in the week.
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