A rally in the New York bond market carried over to stocks yesterday, lifting financial shares and pulling the Dow industrials out of a narrow trading range. At the close of trading on Wall Street, the Dow Jones industrial average was up 92.76 at 10,394.89.
Broader stock indicators were mixed.
The Standard & Poor's 500 rose 14.80 to 1,296.71, and the Nasdaq composite index fell 8.95 to 2,802.52.
Advancing issues outnumbered decliners by a 4-to-3 margin on the New York Stock Exchange, with 1,735 up, 1,310 down and 511 unchanged.
NYSE volume totalled 894.39 million shares, against 868.97 million in the previous session.
The Russell 2000 index of smaller companies rose 0.95 to 416.74.