Wall Street rises as US
Photo: Yuki Iwamura /AP/TT

Wall Street rises as US interest rates cool slightly

The New York stock markets broke their losing streak on Wednesday. A slight cooling in US market interest rates likely contributed to the good mood among investors.

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At the close, the Dow Jones Industrial Average had risen 0.6 percent, while the broad S&P 500 index and the tech-heavy Nasdaq Composite index each gained 0.5 percent.

The price of oil is still certainly at high levels due to the uncertain situation regarding the war in Iran - at 10 p.m., a barrel of North Sea oil cost just over $95.

But the yield on 10-year US government bonds, which recently reached its highest level since January last year, fell back slightly on Wednesday evening.

AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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