Dow Jones Top Markets Headlines at 3 AM ET: U.S. Stocks Rise After Bond Market Flips In Choppy Trading | The ...

U.S. stocks finished slightly higher after Treasury yields eased back from multiyear highs and expectations for another rate hike this month faded amid choppy trading. The backdrop remains pressured by a bond selloff tied to supply-chain strains that still weigh on the crude-to-fuel pipeline, keeping energy-related costs elevated. In Washington, Vice Chair Jefferson suggested doubt around an October increase, while South Korea’s headline inflation cooled but stayed above its 2% target. Mortgage rates jumped to 7.28%, the biggest weekly gain in four years. Oil rose after reports the Pentagon deployed a third aircraft carrier to the Middle East.