U.S. stocks open higher as S&P 500 flirts with 4-month highs after bond rally continues

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U.S. stocks were extending their November rally on Wednesday morning as Treasury yields continued to fall on increased hopes the Federal Reserve is done raising benchmark interest rates to curb inflation.

How are stock indexes trading

On Tuesday, the Dow industrials rose 0.2%, to 35,417, the S&P 500 increased 0.1%, to 4,555, and the Nasdaq Composite gained 0.3%, to 14,282.

What’s driving markets

The…

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