Stocks rebounded from a negative open but still closed mixed after rising geopolitical tension sparked an early flight to the relative safety of U.S. Treasuries. A day before Nvidia (NVDA) is set to report its fiscal third-quarter earnings, results from old-school blue chip retailer Walmart (WMT) were in focus.
The yield on the 10-year U.S. Treasury note declined by more than 7 basis points after a report from The Associated Press said that President Vladimir Putin has formally lowered the threshold for Russia's use of nuclear weapons. Putin first announced the revision on September 25. The 10-year yield closed at 4.39%, down 2 basis points from 4.41% on Monday.
