NEW YORK (AP) — More swings in the bond market rattled stock markets around the world.
Thursday's moves were relatively modest on Wall Street after U.S. bond yields cranked higher but then gave back the gains later in the day.
The S&P 500 rose 0.2% and broke a three-day losing streak. The Dow Jones Industrial Average edged up less than 0.1%, and the Nasdaq composite also rose less than 0.1%.
The moves were more dramatic in Europe, where stock indexes tumbled 1.7% in London, 1.6% in Paris and 1% in Frankfurt. They were hurt by sharp moves for bond yields on that side of the Atlantic.