storywithryntu

Wall Street opens higher supported by a rebound in technology stocks U.S. stocks opened Thursday’s session higher, driven by renewed demand for technology and chip shares following the recent selloff. Microsoft stood out strongly after results and guidance that beat expectations, helping to ease investors’ concerns about rising spending on artificial intelligence. The semiconductor sector index also rose by about 7.3%, while the Nasdaq gained about 1.95% and the S&P 500 about 0.78% in the latest session trading. However, markets still watch the Federal Reserve’s policy and bond yields—especially as the yield on U.S. 30-year Treasury notes climbed to its highest level in years—something that may keep volatility elevated. #WallStreetOpensHigherOnTechRebound