Wall Street extends July rebound, led by tech and energy By Reuters

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Wall Street extends July rebound, led by tech and energy By Reuters
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*WALL STREET EXTENDS JULY REBOUND, LED BY TECH, ENERGY - 🇺🇸🇺🇸

was last up about 0.9%, on course for its best month since November 2020, buoyed by broad gains across European markets, with the STOXX Europe 600 up around 1.3%.

Some of that concern had been evident in Asian stock markets overnight, after Beijing omitted reference to its full-year GDP growth target following a high-level Communist Party meeting.Amid contracting U.S. gross domestic product, the yield on benchmark 10-year notes dipped to 2.636%, from 2.681% late on Friday. But Treasury yields at the short end edged higher on Friday after data on labor costs and wage growth suggested inflation remains elevated. The 2-year note yield increased to 2.

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