Stock market today: Stabilizing bond yields, big corporate profits, push Wall Street

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Jun 17, 2007
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TOKYO — Stocks are markedly higher on Wall Street as pressure from the bond market eases, at least for the moment, and a slew of big U.S. corporations put up big quarterly numbers. Futures for the S&P 500 rose 0.6% and the Dow Jones Industrial Average gained 0.5% before the bell Tuesday. Bond yields settled back after the 10-year briefly crossed over 5% early Monday, continuing to put pressure on equities. Treasury yields can dictate how much investors pay for everything from stocks to corporate
 
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