NEW YORK Stocks are higher on Wall Street as traders return from the Christmas holiday.
Investors were encouraged by a sharp drop last week in the number of Americans applying for unemployment benefits, the latest sign of improvement in the U.S. job market.
Bond prices fell, pushing long-term interest rates to the highest since September. The yield on the on the 10-year Treasury note rose to 3 percent.
To comment, the following rules must be followed:
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.