Despite its recent advance, the 10-year yield remains "in a downtrend" and faces resistance at the 4.09% level and near the 200-day moving average of 4.16%, said Adam Turnquist, chief technical strategist for LPL Financial in Charlotte, NC. Until these levels are conquered, upside rallies in the yield "should be viewed as temporary."

Major Indexes are poised to open higher Tuesday, recovering from the previous session's selloff, as investors await key economic data and earnings reports in the coming days.

U.S. stocks are rising Friday after a surprisingly strong report on the U.S. job market raised optimism about the economy. The S&P 500 was 0.6% higher in late trading and nearing its all-time high set on Monday.

U.S. stocks are clawing back some of their losses from the day before as falling oil prices release some of the pressure that’s built up on the market. The S&P

U.S. stocks rallied Friday after a surprisingly strong report on the U.S. job market raised optimism about the economy. The Standard & Poor's 500 climbed 0.9% and got close to its all-time high set on Monday.

European shares have opened lower after Asian shares advanced following a surprisingly strong U.S. jobs report that raised optimism about the economy.

Odds of a 50 basis point cut dropped to 0% from 53% last week after the strong September jobs report, according to the CME FedWatch Tool.

Stocks rallied after data showed nonfarm payrolls grew by 254,000 jobs in September, far outpacing the forecasted gain of 150,000 from economists polled by Dow Jones. The unemploy