<div id="readability-page-1"><div><div>Wall Street charged higher Tuesday, with U.S. equities posting broad-based gains by midday as investors embraced a risk-on mood, spurred by easing Treasury yields and renewed optimism surrounding trade talks between the U.S. and the European Union.The bond market drove a major sentiment shift. U.S. 30-year Treasury yields sank 10 basis points to 4.93%, falling below the psychologically key 5% threshold for the first time in days. The iShares 20+ Year Treasury Bond ETF TLT rallied 1.5%, eyeing the strongest daily gain since late February 2025. This move follows a surprise development in Japan, where the Ministry of Finance announced a reduction in the issuance of longer-dated government bonds. That decision triggered an 18-basis-point drop in Japan's 30-year yield, creating a ripple effect that eased pressure across global fixed-income markets.The sharp decline in yields helped equities rally across the board. The S&amp;P 500 rose 1.9%, extending May’s gains to more than 6%. The benchmark is now tracking its strongest monthly performance since November 2023.Technology and small-cap stocks outpaced broader benchmarks, adding momentum to the rally. Every sector in the S&amp;P 500 traded higher on the day. Among the mega-caps, Tesla Inc. TSLA stood out with a 6.4% gain, reclaiming price levels last seen in mid-February. As equity and bond sentiment improved, traditional safe-haven assets lost appeal. Gold prices fell 1%, slipping below $3,300 per ounce. The move reflects investors rotating out of defensive plays amid increasing appetite for risk.In energy markets, crude oil dropped 1.5% to $60.50 a barrel, while copper prices slid 2.1%, signaling some caution in industrial demand despite the bullish tone in equities.Bitcoin BTC/USD traded near $110,000, remaining close to its all-time highs. According to Benzinga Pro data:<ul> <li>The SPDR S&amp;P 500 ETF Trust SPY rallied 1.9% to $590.07.</li> <li>The SPDR Dow Jones Industrial Average DIA rose 1.6% to $422.83.</li> <li>The tech-heavy Invesco QQQ Trust Series QQQ soared 2.3% to $520.83.</li> <li>The iShares Russell 2000 ETF IWM rose 2.3% to $207.26.</li> <li>The Consumer Discretionary Select Sector SPDR Fund XLY outperformed, up 2.8%; the Consumer Staples Select Sector SPDR Fund XLP lagged, up 0.5%. </li> </ul><ul> <li>Hologic Inc. HOLX jumped 12.7%, paring earlier bigger gains, after the company rejected a non-binding takeover bid worth up to $16.7 billion from private equity firms TPG Inc. TPG and Blackstone Inc. BX.</li> <li>PDD Holdings Inc. PDD tumbled 15% after reporting weaker-than-expected quarterly earnings. </li> <li>The S&amp;P 500‘s top performers during Tuesday’s New York session included Hologic Inc., up 14.93%; Tesla Inc., which gained 6.87%; Deckers Outdoor Corp. DECK, rising 6.82%; Royal Caribbean Cruises Ltd. RCL, up 6.66% and Warner Bros. Discovery Inc. WBD, climbing 6.61%.</li> <li>The biggest laggards included Fair Isaac Corp. FICO, which sank 9.63%; AutoZone Inc. AZO down 4.55%; VeriSign Inc. VRSN losing 4.28%; Kroger Co. KR slipping 1.70% and Copart Inc. CPRT falling 1.68%.</li> <li>Stocks slated to report earnings after the close include OKTA Inc. OKTA and Heico Corp. HEI. Read Now: • Trump’s Tariffs May Trigger An Inflation Shock – But Not A Lasting One, Goldman Sachs SaysPhoto: Shutterstock</li> </ul></div></div></div>

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Wall Street experienced significant gains on Tuesday, driven by a drop in U.S. Treasury yields and optimism in U.S.-EU trade talks. The 30-year Treasury yield fell to 4.93%, boosting the iShares 20+ Year Treasury Bond ETF by 1.5%. The S&P 500 rose 1.9%, with technology and small-cap stocks leading the rally. Tesla gained 6.4%, while gold and crude oil prices fell. Hologic Inc. surged 12.7% after rejecting a takeover bid, while PDD Holdings dropped 15% due to disappointing earnings. Overall, the market showed a strong risk-on sentiment.

- U.S. equities surged on Tuesday, driven by a risk-on sentiment as Treasury yields eased and optimism grew over U.S.-EU trade talks.  
- The S&P 500 rose 1.9%, marking its strongest monthly performance since November 2023, with technology and small-cap stocks leading the gains.  
- Meanwhile, safe-haven assets like gold and crude oil saw declines, reflecting a shift in investor appetite towards riskier assets.

Wall Street Rockets As Bond Yields Drop, Tesla Hits 3-Month Highs: What's Driving Markets Tuesday?