US stocks rose on Wednesday as long-term Treasury yields moderated from their recent highs, and new data signalled a slowdown in economic growth ahead of the symposium of central bankers in Wyoming.
Technology and media stocks helped the benchmark S&P 500 finish 1.1 per cent higher, while the Nasdaq Composite added 1.6 per cent, aided by a 3.2 per cent rise for Nvidia, the world’s most valuable semiconductor company.
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