SGX:5OI 12 December 2025

May 20, 2026, 11:53 AM EDT. U.S. stocks rebounded on Wednesday, with the S&P 500 rising 0.7% and approaching its recent all-time high, as pressure from rising bond yields eased. The 10-year Treasury yield fell from 4.67% to 4.60%, offering relief after recent spikes tied to geopolitical tensions and inflation concerns. The drop in yields helped technology stocks like Nvidia, Advanced Micro Devices, and Intel rally significantly, supported by strong quarterly earnings forecasts. Oil prices fell 4% to $106.87 a barrel, easing cost pressures. Retailers TJX and Red Robin Gourmet Burgers also gained after surpassing profit expectations, suggesting resilient consumer spending amid high gasoline costs and economic uncertainty.