Financial Markets Wall Street

The U.S. stock market bounced back after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains. The S&P 500 climbed 1.1% Wednesday for its first rise in four days and neared its all-time high set last week. The Dow Jones Industrial Average added 1.3%, and the Nasdaq composite rallied 1.5%. Stocks got a lift from easing yields in the bond market, which halted their sharp recent climbs on worries about inflation. The yield on the 10-year Treasury fell back below 4.60% as the price of Brent crude oil dropped more than 5%.