US stocks advanced but were off their earlier highs in muted trading on Tuesday buoyed by gains in technology shares as expectations the Federal Reserve will cut interest rates next week remain elevated The major US indexes were on track for their sixth gain in the past seven sessions Equities declined on Monday amid soft data on the manufacturing sector a jump in US Treasury yields as Japanese bond yields surged and a drop in bitcoin and crypto-related stocks But with a dearth of economic data for the session the rise in bond yields eased and bitcoin rebounded which enabled stocks to recover somewhat as the focus shifted to the Fed
