US stocks rise as oil and Treasury yields ease; euro edges up
US stocks rose Tuesday as oil prices and Treasury yields eased, while the euro edged higher despite ongoing concerns about unrest in France. The Dow gained 0.94%, with 3M shares surging after expanding its data-center partnership with Amazon and raising its profit forecast. Treasury yields fell after data showed slumping US housing demand, with traders lowering the probability of a Federal Reserve rate hike next week to 14.9% from 22.1% a week earlier. Investors are watching earnings from SpaceX, Netflix, Meta, and Tesla for signs of economic resilience and AI spending payoffs. Oil slipped from five-month highs, with US crude down 0.89% to $102.74 a barrel, as traders weighed Houthi attacks on Saudi infrastructure. French stocks fell 0.4% amid curfews and planned protests, with France's 10-year bond yield reaching its highest since 2002.