Wall Street ticks up as falling oil prices, Treasury yields ease the pressure

Friday, November 3, 2023, Vol. 47, No. 45

NEW YORK (AP) — Stocks ticked higher on Wall Street as markets continue to absorb the big swings that have shaken them in recent weeks.

The S&P 500 rose 0.3% Tuesday. Gains in several Big Tech companies helped push the index higher, even though more stocks fell than rose. The Dow added 56 points, and the Nasdaq composite climbed 0.9%.

The 10-year Treasury yield eased following its own sharp swings since the summer.

Oil prices fell sharply to take some pressure off inflation. Benchmark U.S. crude fell back below $78 per barrel to where it was in July.