April 9 (Reuters) - U.S. stock indexes moved higher in

afternoon trading on Wednesday after an auction of 10-year

Treasury notes came within market expectations, leading yields

to retreat across the board.

The yield on the benchmark 10-year note was last

at 4.4191%.

At 01:07 p.m. the Dow Jones Industrial Average rose

370.39 points, or 1.02%, to 38,015.98, the S&P 500 gained

62.74 points, or 1.26%, to 5,045.51 and the Nasdaq Composite

gained 336.96 points, or 2.21%, to 15,604.87.

Declining issues outnumbered advancers by a 1.1-to-1 ratio

on the NYSE and by a 1.01-to-1 ratio on the Nasdaq.

The S&P 500 posted no new 52-week highs and 100 new lows

while the Nasdaq Composite recorded four new highs and 632 new

lows.

(Reporting by Purvi Agarwal in Bengaluru; Editing by Arun

Koyyur)