Nasdaq Leads Stocks Higher; Long-Term Yields Hit 24-Year Highs
Stocks rose, with the Nasdaq Composite closing at a record high, as optimism about artificial intelligence overshadowed concerns over increasing bond yields. Yields on 10- and 30-year Treasurys reached their highest levels since 2002.
Stocks advanced and the Nasdaq Composite ended at a record high, with optimism around artificial intelligence offsetting concern over rising bond yields. Yields on 10- and 30-year Treasurys finished at their highest levels since 2002. S. dollar rose against rivals as Fre…