U.S. Markets Weekly Review (Sept 28): Microsoft Gains 3.66% as 10-Year Treasury Yield Hits 5.23%

U.S. stocks closed higher last week, though volatility persisted in the bond market. The S&P 500 rose 1.2% and the Nasdaq gained 2%, while the 10-year Treasury yield briefly touched 5.2297%, its highest level since 2007. Microsoft shares climbed 3.66% following updates to Copilot. Oil prices rebounded in early Asian trading Monday after President Trump rejected an Iranian proposal regarding the Strait of Hormuz. Meanwhile, the U.S. is set to release further details on trade negotiations with China, though high-end AI chips remain excluded from the discussions.