Episode Details

Stocks posted modest gains on the first trading day of October, clawing back earlier declines as Treasury yields retreated from their highest levels in more than 20 years.

The S&P 500 added 0.19% to close at 7,666.45, and the Nasdaq Composite eked out a 0.04% gain to end at 26,871.60. The Dow Jones Industrial Average inched up 20.51 points, or 0.04%, to 50,926.56. 

The 10-year U.S. Treasury yield hit an intraday high of 5.344% to reach its highest level going back to 2002. The 30-year bond yield also scaled to levels not seen in 24 years.

Oil jumped 4% on US aircraft carrier news. SPI up 45 – Firmus details announced.

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