While you were sleeping: Wall St rallies

Mon, 11 Sep 2017

By Margreet Dietz Sept. 12 (BusinessDesk) - Wall Street rallied, while US Treasuries dropped, as concern about geopolitical tensions and the impact from Hurricane Irma, which eased to a tropical storm as of Monday, declined. In 2.27pm trading in New York, the Dow Jones Industrial Average rallied 1.2 percent, while the Nasdaq Composite Index climbed 1.1 percent. In 2.12pm trading, the Standard & Poor’s 500 Index advanced 1.1 percent. US Treasuries slid, pushing yields on the 10-year note eight basis points higher to 2.13 percent. Th...

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