Shares of banks and other financial institutions ticked up amid confidence in the outlook for economic activity.
Treasury yields rose, reflecting economic optimism ahead of inflation data.
"[People] were expecting this big hard landing [and] it's been far from it, even the opposite," said J.D. Joyce, president of Houston financial advisory Joyce Wealth Managment.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
03-11-24 1702ET