Nasdaq hits record as dollar and Treasury yields climb
Nasdaq reached a record while the dollar strengthened versus the euro, Treasury yields stayed near multi-year highs, and oil prices eased.
Story updates
06:27:47 PM UTC
SquawkNews
By Noel Randewich and Tharuniyaa LakshmiThe Nasdaq hit an all-time high on Monday, lifted by Nvidia and Microsoft, as investors focused on a dip in oil prices and looked ahead to quarterly earnings reports.It was the Nasdaq's second straight intraday record high after weaker-than-expected jobs data…
United States equities were lifted on Monday by gains in megacap and growth stocks, while Treasury yields stayed near multi-year highs, the dollar strengthened against the euro and oil prices eased. On Wall Street, indexes were supported by heavyweight technolog…