Nasdaq Hits Record as Yields Climb to Fresh Highs — SkimNews
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- Nasdaq closed at a record high, while the S&P 500 rose but just missed its own all-time high and the Dow also posted gains in the same session.
- Bond yields climbed to fresh highs during the session even as tech stocks rallied, with the Yahoo Finance headline characterizing investors as shrugging off the bond market's caution.
Why it matters: The session split two signals the headlines themselves flag: equity strength at or near records (Nasdaq record, S&P 500 just missing) coexisting with fresh highs in bond yields, a traditional headwind for stocks that investors reportedly dismissed.
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