NEW YORK, New York - Retreating bond yields and a higher-then-expected GDP reading for the third quarter boosted U.S. stocks on Wednesday.
The 10-year Treasury bill fell below 4.30 percent, while GDP for the third quarter came in above the 5.20 percent annualized figure anticipated.
"We probably need to digest gains and I would not be surprised if that occurs in the early part of December, which historicall
