U.S. stocks are up firmly in positive territory a little past noon on Monday, supported by lower Treasury yields and easing concerns about inflation due to a sharp drop in oil prices.
Oil prices fell sharply on hopes the diplomatic efforts by U.S. and Iran will help de-escalate tensions in the Middle East. Yield on 10-year US bond dropped below the 5 percent mark.
Tech stocks are up amid renewed optimism about outlook for large AI hyperscalers. Energy stocks are under pressure.
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U.S. Stocks Up Firmly; Tech Stocks Rally On Renewed Optimism Surrounding AI
2026-09-21 16:34:41
