The stock market erased losses in the final minutes of Wall Street trading and bonds climbed, with traders positioning for key inflation data that will help shape the outlook for the Federal Reserve’s next steps.
Equities rebounded, with the S&P 500 reclaiming its 5,200 mark after briefly falling below it. Tesla Inc. led gains in megacaps, though Nvidia Corp. sank as Intel Corp. unveiled a new version of its artificial-intelligence chip. Treasuries advanced, with 10-year yields dropping from the highest levels in 2024.
