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Wall Street Ends Higher as Treasury Yield Surge Eases
Translated from Korean and summarized by DistantNews. Read the original for the full story.
At a glance
Newswire
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Outcome reported
- U.S. stocks ended higher on Sept. 2 after three consecutive sessions of declines.
- Buying returned to recently battered shares as the sharp rise in U.S. Treasury yields moderated.
- The Dow Jones Industrial Average rose 295.07 points, or 0.56%, to 53,061.95.
New York stocks closed higher on Sept. 2, snapping a three-session losing streak as investors bought recently battered shares.
Market sentiment also recovered somewhat after the steep rise in U.S. Treasury yields showed signs of easing. The Dow Jones Industrial Average gained 295.07 points, or 0.56%, to finish at 53,061.95.
About this summary
Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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