· The Dow Jones Industrial Average .DJI rose 62.52 points, or 0.25 percent, to 24,768.93, the S&P 500 .SPX gained 11.01 points, or 0.41 percent, to 2,722.46, and the Nasdaq Composite .IXIC added 46.67 points, or 0.63percent, to 7,398.30.
Retail and technology stocks led Wall Street higher on Wednesday and the small-cap Russell 2000 hit a record peak, even as a rise in U.S. bond yields to an almost seven-year high suggested more competition for equities and investors fretted over geopolitics.
· Asian stocks traded mostly higher on Thursday, tracking gains seen on Wall Street overnight as the yield on the U.S. 10-year Treasury stayed above 3 percent.
The Nikkei 225 rose 0.45 percent in Tokyo, shrugging off weak core machinery orders, a leading indicator for capital expenditure, for the month of March. The broader Topix was higher by around the same level, wit its banking subindex leading gains in the morning.
Over in Seoul, the Kospi edged up by 0.39 percent, with technology sector and manufacturing stocks trading higher.
Reference: Reuters, CNBC
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