Stocks Stabilize as Treasury Yields Slip Following Tax Bill Passage ...Middle East

Opinion by : (Devdiscourse) -
U.S. stocks saw little movement on Thursday, recovering from initial losses as Treasury yields fell from recent peaks after the House of Representatives approved U.S. President Donald Trump's tax and spending plan. Initial fears over the U.S. deficit had raised Treasury yields, putting pressure on stocks, though longer-term yields eased on Thursday, offering some respite to the market.

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