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Stocks advance on tech strength; Mideast in focus
['Caroline Valetkevitch', 'Ankur Banerjee', 'July', 'Min Read']
Yahoo Finance
Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea after threats from Yemen's Iran-aligned Houthis.
Brent futures rose $1.79, or 2.0%, to settle at $91.01 a barrel, while U.S. West Texas Intermediate crude gained $1.68, or 2.0%, to settle at $84.91.
European stocks rose, with technology and mining shares gaining.
MSCI's gauge of stocks across the globe rose 11.58 points, or 1.05%, to 1,117.08.
The yield on benchmark U.S. 10-year notes rose 3.41 basis points to 4.632% and reached 4.640%, the highest since May 20.