Stocks opened higher Wednesday, taking back some of the ground lost in the previous session when the 10-year Treasury yield jumped to a two-year high. The Dow Jones Industrial Average rose 123 points, or 0.3%, to 35,492, while the S&P 500 gained 0.4% to 4,595. The Nasdaq Composite was up 0.5% at 14,584. The tech-heavy Nasdaq on Tuesday led major indexes to the downside, dropping 2.6% and finishing below its 200-day moving average. Bank earnings appeared to help sentiment Wednesday, with shares of Bank of America Corp. and Morgan Stanley rising after reporting results.
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