News
Stocks rally as uncertainties keep Wall Street wobbly
June 7th, 8:13 PM EDT
Updated:

The New York Stock Exchange is seen in New York, Feb. 24, 2022. (AP Photo/Seth Wenig, File)
DAMIAN J. TROISE and STAN CHOE - AP Business Writers
NEW YORK (AP) -- U.S. stocks rallied Tuesday as Treasury yields eased, but Wall Street remains wobbly as investors wait for more clarity on where interest rates, inflation and the economy are heading.
The S&P 500 climbed 1% after bouncing back from an early loss of the same size.
Technology stocks were some of the biggest forces lifting the market.
Stocks of energy producers also rose along with oil prices.
That helped overshadow trouble at Target, which warned of lower profit margins as it slashes prices to clear out inventory.
J.M. Smucker soared on strong quarterly results.