GLOBAL MARKETS-Stocks Rally after Tariff-Tied Selloff; US Bond Yields Up a 2nd Day

GLOBAL MARKET - NEW YORK/LONDON. Major stock markets jumped on Tuesday after three days of heavy selling while U.S. Treasury yields rose for a second day as investors were optimistic that Washington might be willing to negotiate on some of its aggressive tariffs.

The Nasdaq led gains on Wall Street and was up more than 4% early, while technology led sector gains on the S&P 500 and a semiconductor index was up more than 5%.