Nasdaq Hits Record Highs Amid Tech Stock Gains, Treasury Yields Elevated
The Nasdaq Composite index extended its record run on Monday, reaching an intraday high of 27,450.88 as technology and AI-linked stocks advanced. This occurred despite a continued rise in Treasury yields.
The Nasdaq Composite index rose to another record on Monday, extending its run as several tech megacaps and artificial-intelligence-linked stocks advanced even as Treasury yields moved higher. 88 on Monday, as of this writing. The S&P 500 a…