US Stock Market Update: Mixed Results with Nasdaq Near Record High Amid Treasury Yield Changes

Reported about 1 month ago

On Friday, U.S. stocks exhibited mixed performance with the Nasdaq nearing a record high, rising about 0.6% as investors anticipate a busy earnings week ahead, featuring major tech companies. The S&P 500 showed minimal gains while the Dow Jones dipped by 0.6%. This week, concerns lingered over potential shifts in the Federal Reserve's interest rate policy, leading to overall losses for the week, alongside a steady increase in the benchmark 10-year Treasury yield, which reached approximately 4.23%.

Source: YAHOO

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