Stocks finished broadly higher on Wall Street Thursday as bond yields rose, easing concerns about a troubling drop in long-term yields over the past week.

Gains in financial, technology and industrial stocks outweighed losses in utilities and communications companies. Smaller company stocks outgained the broader market.

Following a sharp rebound from a dismal end to 2018, the benchmark S&P 500 index is on track for its biggest quarterly gain since the third quarter of 2009.

Thursday’s rally, which followed a stumble earlier in the day, came as bond yields rose off their recent lows. The yield on the benchmark 10-year Treasury note rose to 2.39 percent from 2.37 percent late Wednesday.

The S&P 500 gained 10.07 points, or 0.4 percent, to 2,815.44. The Dow Jones Industrial Average rose 91.87 points, or 0.4 percent, to 25,717.46. The Nasdaq composite added 25.79 points, 0.3 percent, to 7,669.17.

The Russell 2000 index of smaller company stocks picked up 12.87 points, or 0.8 percent, to 1,535.10.

Despite an uneven week of trading, the S&P 500 is still up 12.3 percent so far in 2019, a blockbuster start to a year. Still, investors remain anxious about the slowing global economy and worrisome signals coming from the bond market.

Key bond yields fell to their lowest levels in more than a year last Friday and continued to slide this week after the Federal Reserve said it was seeing slower growth in the economy and no longer expected to raise interest rates this year.

Even after edging higher Thursday, the 10-year Treasury yield remained below the yield on the three-month Treasury bill. That kind of “inversion” in bond yields is an unusual phenomenon that has preceded recessions in the past.

The rise in bond yields gave bank stocks a boost. Citigroup gained 2.1 percent. Higher bond yields are good for banks because they can earn more income from the bonds they hold and they can charge higher interest rates on loans.

Traders brushed off a discouraging U.S. economic snapshot. The Commerce Department said U.S. economic growth slowed sharply in the last three months of 2018 to an annual rate of just 2.2 percent, reflecting weakness in consumer spending, business investment, government spending and housing.

Benchmark U.S. crude fell 0.2 percent to settle at $59.30 a barrel. Brent crude, used to price international oils, closed little changed at $67.82 a barrel.

In other energy futures trading, wholesale gasoline fell 0.8 percent to $1.88 a gallon, heating oil slipped 0.4 percent to $1.97 a gallon and natural gas dropped 0.3 percent to $2.71 per 1,000 cubic feet.

Gold fell 1.6 percent to $1,295.30 an ounce, silver lost 2.1 percent to $14.97 an ounce and copper added 0.3 percent to $2.87 a pound.

The dollar rose to 110.58 yen from 110.36 yen on Wednesday. The euro weakened to $1.1226 from $1.1263. The British pound fell to $1.3059 from $1.3262.