European Stocks finish strong; Wall Street builds on the momentum

European equities closed broadly higher, with Spain and Italy leading gains as investors kept a risk-on posture despite rising sovereign and US Treasury yields. The upbeat tone carried into Wall Street, where the NASDAQ and Russell 2000 outperformed, while the S&P 500 and Dow also advanced. The article highlights that markets are rallying on expectations of resilient economic growth even as traders push back hopes for near-term Fed easing. Treasury yields rose across the curve, especially in the 2-year note, reinforcing the view that rates may stay higher for longer. Overall, the piece signals constructive cross-asset sentiment, with equities absorbing yield pressure for now.