NEW YORK (AP) — Stocks are edging higher on Wall Street as falling bond yields and lower oil prices help ease pressure on the market. The S&P 500 rose 0.4% in early trading Wednesday. The index is coming off two days of declines driven by losses in Big Tech companies. The Dow inched up 76 points, or 0.1%, and the Nasdaq composite rose 0.4%. Crude oil prices fell. Brent crude dropped 3.9%, bringing it closer to where it was before the war with Iran started. Gold fell below $4,000 an ounce for the first time since November.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
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