Nasdaq stocks continue to struggle, but Dow adds 90 points on Wednesday; European markets rebound from Tuesday’s sell-off as bond yield fears subside 
U.S. stocks rose slightly on Wednesday but the technology sector struggled again as the 10-year Treasury yield traded volatilely. 
The Dow Jones Industrial Average rose 90.73 points, or 0.26%, to 34,390.72, and the S&P 500 added 0.16% to close at 4,359.46. The tech-heavy Nasdaq Composite was the laggard, falling 0.24% to finish at 14,512.44. The moves came after the Nasdaq Composite posted its worst day since March on Tuesday amid a spike in bond yields. 
The 10-year Treasury Treasury yield eased on Wednesday morning to trade below 1.5% but bounced back toward 1.54% in afternoon trading. The yield touched a high of 1.567% Tuesday, the current high-water mark for a weeklong run that has put pressure on growth stocks. 
Semiconductor stocks dipped after Micron gave an earnings and revenue outlook for the first quarter of 2022 that missed consensus estimates, sending shares down 2%. Nvidia and Advanced Micro Devices also declined. 
On the positive side, shares of discount retailer Dollar Tree jumped more than 16%, making it a top performer in the S&P 500, after the company announced that it was increasing its stock buybacks and experimenting with higher prices in some locations. 

European stocks closed higher on Wednesday, looking to shrug off market nerves after rising U.S. bond yields led to a sell-off in the previous session. 
The pan-European Stoxx 600 provisionally closed up 0.7%, after losing as much as 2% Tuesday. Autos added 1.6% to lead gains as most sectors and major bourses swung into positive territory. 
In terms of individual share price movement, Dutch semiconductor equipment maker ASML climbed 3.9% after projecting double-digit growth on the back of an increase in chip usage. Deutsche Bank raised its price target for the stock on Wednesday morning. 
Source: CNBC, Investing.com