Wall Street set to open higher as global bond selloff eases

The S&P 500 rose 1.08 percent to end at 2,121.1 on Thursday, exceeding its previous all-time closing high of 2,117.69 on April 24, while the Nasdaq Composite had its strongest day since January. "As we see volatility subside in the bond market and what seems to be an orderly withdrawal from the fixed-income market before a shift in policy, there is less fear among equity market investors," said Andrew Barber, chief market strategist at Eagleview Capital in Delaware. Barber said ECB