Stocks are rising across the board on Wall Street as traders welcomed a move lower in long-term interest rates in the bond market. Investors were also watching Washington as a big economic stimulus bill moved to the Senate.
The S&P 500 added 2.1% as of 10:40 a.m. Eastern. More than 95% of the stocks in the index were higher, led by energy companies and airlines. The Dow Jones Industrial Average was up 2.2% and the Nasdaq Composite rose 2.1%.
Much of the focus on Wall Street is on the bond market.
The yield on the 10-year Treasury note fell to 1.43% after going as high as 1.5% last week,
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