Finance

The 10-year U.S. Treasury yield pulled back to trade around 5.26% following a historic surge that had touched its highest level since 2007. The moderate decline in yields alleviated pressure on equities and gave an extra tailwind to corporate borrowing sentiment.

Crude oil futures fell roughly 2% as rising export volumes out of the Gulf and a coordinated diesel stockpile release from G7 nations relieved market tight spots. Easing energy prices played a key role in soothing ongoing Wall Street anxieties regarding core inflation.

Shares of Constellation Energy advanced notably following the announcement of a long-term electricity supply partnership with Google. The deal sparked broader gains across nuclear and utility-related equities, as grid demand continues to climb amid the ongoing artificial-intelligence infrastructure buildout.