Stock market news today: 4-day losing streak ends after BoJ surprise – Markets Insider

US stocks finished higher on Tuesday to snap a four-day slump after an unexpectedly hawkish policy move from the Bank of Japan set off a volatile session.
Japanese central bankers widened the trading range on benchmark bond yields, which allows rates to get more restrictive. The Bank of Japan since 2016 had maintained a cap on its 10-year bond yield to fight deflation.
Tuesday’s surprise shift came a week after the European Central Bank and the Federal Reserve raised interest rates as both continue to battle inflation.
Meanwhile, investors are also looking ahead to Friday, when fresh inflation data in the November personal consumption expenditures report will come out.
Here’s where US indexes stood at the 4:00 p.m. closing bell on Tuesday: 
Here’s what else is going on: 
In commodities, bonds, and crypto: 
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