Major U.S. stock indices closed higher as long-term Treasury yields retreated, easing pressure on broader equity markets. Shares of Moderna recorded a significant surge, driving strong performance within the biotechnology sector. The pullback in government bond yields supported widespread market optimism, allowing major benchmarks to finish the trading day in positive territory.
- U.S. stock markets advanced, supported by a decline in long-term Treasury yields.
- Shares of Moderna surged, outperforming the broader market.
- The retreat in bond yields helped ease financial conditions and bolster investor sentiment.
- Major market averages maintained positive momentum through the closing bell.
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