U.S. stocks finished higher Thursday, lifted by gains across everything from shares of manufacturers to oil producers.
The three main U.S. indexes were in the green, each rising more than 1% apiece, with the blue-chip Dow industrials up more than 400 points.
The benchmark 10-year yield settled at 3.727%, from 3.796% late Wednesday, while the two-year yield was at 4.648%, from 4.707%.
The market for IPOs has been slow lately, but shares of Mediterranean-style restaurant company Cava Group jumped on their first day of trading Thursday.
Japan's currency fell against the dollar, trading at its weakest level since November, as traders cited concerns over Japan's ultra-loose monetary policy.
Persons:
Dow, Estee Lauder, Kroger
Organizations:
Investors, Federal Reserve, Treasury, Analysts, Target, European Central Bank
Locations:
U.S, IPOs, Beijing, Europe