S&P 500 Rises, Nasdaq Hits Record on Tech Rally — SkimNews
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- Nasdaq climbed to a fresh record high led by megacap tech stocks, with traders also eyeing oil prices and Treasury yields.
- S&P 500 rose on the same session, while the Dow slipped and the dollar strengthened as investors rotated into safer positions.
Why it matters: The market is split: the Nasdaq printing records while the Dow sells off and the dollar firms up signals a defensive bid running alongside the tech rally — late-cycle divergence between megacap tech leadership and broader risk-off behavior in equities and currency.
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