US stocks recovered on Thursday as Treasury yields tumbled and chip stocks pared losses following an AI-driven sell-off fueled by debt-financing concerns. The Dow Jones Industrial Average (^DJI) rose more than 500 points, 1%, while the S&P 500 (^GSPC) erased losses to rise 0.3%. The Nasdaq Composite (^IXIC) fell 0.2% after declining more than 1% earlier in the session. A sell-off in tech over the past two days sparked a flight to treasuries with the 10-year bond yield (^TNX) sinking 14 basis points to 5.05% (^IXIC ) Go deeper with AlphaSpace 26,592.43 -100.44 (-0.38%) As of 11:42:59 AM EDT. Market Open. ^IXIC^DJI ^GSPC Semiconductor stocks trimmed earlier losses after the KOSPI index (^KS11) declined 7% overnight.
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