U.S. stock markets bounced back after a 10-day slump as bond yields in Spain turned slightly lower. Yields for benchmark bonds in Madrid dropped to 5.89 percent from 5.91 percent. Yields in France, Belgium, Germany, Holland and Britain also fell with equities mixed in Asia and higher across Europe. In midmorning trading on Wall Street, the Dow Jones industrial average added 115.19 points, gaining back about half of Tuesday's losses. The DJIA was up 0.91 percent to 12,829.38. The Nasdaq composite index rose 1.08 percent, adding 32.40 points to 3,023.62. The Standard and Poor's 500 index climbed 1.05 percent or by 14.53 points, to 1,373.34. The 10-year treasury note fell 18/32 with yields rising to 2.039 percent. The euro rose to $1.3144 from Tuesday's $1.3081. Against the yen, the dollar rose to 81.05 yen from Tuesday's 80.68 yen. In Tokyo, the Nikkei 225 index shed 0.83 percent, 79.28, to 9,458.74.
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