Kiplinger

Stock Market Today: Stocks Bounce Back to Hit New Highs

The major market indexes finished a holiday-shortened week in fine fashion, leaving behind Thursday's Treasury-rate tumult to end today at record highs.

After falling to its lowest level since February yesterday, the 10-year Treasury yield stabilized, settling up 7 basis points (one basis point is one-one hundredth of a percentage point) to 1.36%.

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