Wall Street showed signs of stabilization just a day after a Treasury selloff that shook markets around the globe, with stocks halting their slide amid a rebound in bonds from session lows.
Following the worst equity rout in a month, the S&P 500 edged up. Long-term US government bonds, which had led the recent selling on concerns about the nation’s surging debt load, pared most of their earlier losses. The dollar rose after a three-day slide. Bitcoin topped $111,000.
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Wall Street stabilizes after rout.
Photographer: Michael Nagle/Bloomberg
“Equities are cooling off from short-term overbought conditions. Still, …