LIVE MARKETS-The bounceback – Investing.com India

LIVE MARKETS-The bounceback – Investing.com India

* Major U.S. stock indexes end green; small caps outperform* Materials lead S&P gainers; utilities weakest group* Dollar slips; up, crude down* U.S. 10-Year Treasury yield ~1.56%April 21 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at [email protected] BOUNCEBACK (1605 EDT/2005 GMT)Stocks climbed on Wednesday, snapping back-to-back losses to start the trading week, overcoming a drop of more than 7% in Netflix in the wake of its quarterly results.Treasury yields were once again subdued, with the 10-year dipping slightly for a second day. This even after a 20-year bond auction showed strong demand as investors looked towards next week's economic data and FOMC policy meeting. range-bound yields have helped breathe life back into the reflation trade. Stock sector gains on Wednesday were led by materials and energy , while utilities lagged.The Russell 2000 small cap index saw its biggest daily percentage gain since March 1.Apart from gains in megacap names Microsoft and Amazon.com helping to boost major averages, Intuitive Surgical jumped nearly 10% following its quarterly results.With 74 S&P 500 components having reported earnings