Reported about 1 month ago
On Friday, the Nasdaq Composite edged close to a record high, rising about 0.6% as major tech stocks showed resilience amid a challenging week for the broader market. While the Dow Jones lost 0.6% and the S&P 500 registered a slight increase after breaking a three-day losing streak, uncertainty surrounding the Federal Reserve's interest rate policy cast a shadow over investor confidence. The 10-year Treasury yield increased, reflecting ongoing concerns, yet positive anticipations for upcoming earnings reports from major tech firms buoyed the Nasdaq.
Source: YAHOO