Wall Street ticks higher as bond market calms

NEW YORK --- Wall Street drifted higher through a quiet Tuesday as the bond market calmed down following some sharp swings. The S&P 500 rose 11.42 points, or 0.2 percent, to 4,954.23 and nearly returned to its all-time high set at the end of last week. The Dow Jones Industrial Average gained 141.24, or 0.4 percent, to 38,521.36, and the Nasdaq composite edged up by 11.32, or 0.1 percent, to 15,609.00. Stocks have been under some pressure recently as hints keep coming that the Federal Reserve likely won't deliver cuts to interest rates as soon as traders had hoped. The economy has remained remarkably solid, even though the Fed has jacked up rates to slow it and inflation down...Keep on reading: Wall Street ticks higher as bond market calms

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