Stocks Rise on Sliding Yields; Tech Leads Gains as Oil Falls
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S&P 500 and Nasdaq Composite extended gains to longest streak in two years as Treasury yields continued to slide.
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Drop in 10-year Treasury yield to 4.57% boosted tech stocks like Microsoft, Amazon, Meta and Apple.
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Oil prices sank as China exports declined more than expected in October. Energy stocks Halliburton, Chevron and ExxonMobil fell.
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Uber shares rose after earnings miss but strong Q4 guidance for gross bookings.
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Investors await comments from Fed Chair Jerome Powell Wednesday and Thursday.