US STOCKS-Nasdaq Ends Sharply Higher After Twitter Agrees to Be Bought By Musk
"The Dow Jones Industrial Average rose 0.7% to end at 34,049.46 points, while the S&P 500 gained 0.57% to 4,296.12.The Nasdaq Composite climbed 1.29% to 13,004.85.The CBOE Volatility index , known as Wall Street's fear gauge, hit as high as 31.6 points, its highest level since mid-March.Bleak results from pandemic darling $Netflix $ along with surging bond yields pummeled high-growth stocks last week, bringing year-to-date losses in the tech-heavy Nasdaq to about 18%.Traders are pricing in b
US STOCKS-Wall Street Ends Higher as Earnings Optimism Outshines Rising Yields
* U.S. 30-year bond yield hits 3%* IMF cuts global growth forecast for 2022* J&J hits record high after earningsApril 19 (Reuters) - U.S. stocks ended higher on Tuesday, as investors used positive ear