US STOCKS-Wall St pares early losses as US Treasuries rebound

martes 12 de mayo de 2015 13:30 GYT

* AOL jumps to 15-month high on Verizon's $4.4 bln offer

* 10-yr U.S. Treasury yields fall after touching 6-month highs

* U.S. small business confidence rises in April

* Gap falls after first-qtr sales decline

* Indexes down: Dow 0.03 pct, S&P 0.12 pct, Nasdaq 0.06 pct (Updates to early afternoon)

By Tanya Agrawal

May 12 (Reuters) - U.S. stocks pared most of their early losses on Tuesday after Treasury yields fell from their six-month highs as some buyers came back to the market.

Stocks indexes had earlier fallen to their lowest in about a week, tracking European markets amid a global bond rout.

Ten-year U.S. Treasury yields, the benchmark for global borrowing costs, touched their highest since mid-November earlier in the day. Elevated U.S. yields mean higher borrowing costs, which can affect stock markets across the world.   Continuación...