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US Stocks Recover After Recording Worst Week Of 2023, Market Volatility Declines

US stocks settled slightly higher on Monday, after Wall Street's major benchmarks recorded the biggest percentage declines of the year during the last week. On the economic data front, durable goods orders in the US dropped 4.5% month-over-month in January, the most since April 2020. Pending home sales in the US jumped 8.1% month-over-month in January.

AAPL

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Nasdaq, S&P 500 Futures Rebound In New Trading Week But Rising Bond Yields Remain A Risk

US stocks are coming off a lackluster week and early indications suggest a reversal in sentiment in the new trading week. While rising bond yields could be a cause of concern, the recent weakness could trigger bargain-hunting-related buying.

BGNE