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Wall Street jumps toward record highs as yields slip

S&P 500 and Nasdaq surged toward record highs, helped by gains in Advanced Micro Devices and other AI heavyweights, while Treasury yields retreated from recent highs and crude fell to an 11-day low on speculation of a possible supply break.

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The S&P 500 and Nasdaq surged toward record highs on Monday, supported by gains in Advanced Micro Devices and other AI heavyweights. Treasury yields eased from recent highs, while crude prices fell to an 11-day low on speculation about a potential breakt…