Tesla surge bolsters S&P 500, Fed rate call in sharper focus

The yield on the US 10-year note was 2 basis points higher to 3.74 per cent at 4.59pm in New York.

Traders see a 72 per cent chance of the US central bank holding interest rates at the current 5 per cent-5.25 per cent range in its June 13-14 policy meeting, Reuters reported.

The next key US data point arrives late Tuesday AEST: May’s consumer price index. That’s the same day that Federal Reserve policymakers begin their scheduled meeting.

On Wall Street, info tech paced just…

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