PSEi snaps 2-day slide on bargain hunting

MANILA, Philippines — Local stocks snapped a two-day decline on Monday as bargain hunters returned, though geopolitical tensions and rising bond yields kept investors on edge. The benchmark Philippine Stock Exchange Index (PSEi) rose 0.22 percent, or 13.26 points, to close at 6,075.07. READ: Oman says Strait of Hormuz talks with Iran, Gulf states postponed Luis