S&P 500 Rebounds to End Higher After Hitting Two-Week Low

S&P 500 Rebounds to End Higher After Hitting Two-Week Low

U.S. stocks turned higher Thursday in choppy trading, Reuters reported Oct. 1. The S&P 500 fell to a two-week low then rebounded sharply as 10-year Treasury yields — the rate the government pays to borrow — eased from 5.34%, the highest since 2002, per Yahoo Finance. I read that as relief, not resolution — that level still means pricey mortgages.

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