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Kiplinger

Business

Karee Venema

FOUND: Dow jumps 624 points as treasury yields pull back stock market today - What They Never Told You

Stock Market SNOW TradingView Nvidia Snowflake Campbell Christopher Waller Gregg Moskowitz Mick Beekhuizen Tesla Inc.

Blue stock market chart with neon green, yellow and pink moving averages.

Stocks jumped out of the gate Thursday and kept climbing into the close as market participants cheered easing Treasury yields and pulled back their rate-hike bets.

Strong gains for several mega-cap stocks also kept the wind at the market's back, with Tesla (TSLA) soaring ahead of its Cybercab event and Nvidia (NVDA) jumping on its $13 billion purchase of Hugging Face.

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