Asian Shares Rise as Tech Stocks Propel Nasdaq to Record High

Reported 29 days ago

On Tuesday, rising tech stocks led to a record high for the Nasdaq composite, despite mixed trading on Wall Street as other sectors struggled. The S&P 500 edged up towards its all-time high, helped by gains in major tech companies, while Ford and homebuilders faced declines following disappointing earnings reports. Economic indicators showed unexpected consumer confidence, prompting speculation about the Federal Reserve's interest rate decisions amidst fluctuating Treasury yields.

Source: YAHOO

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