Nasdaq Closes at Record High: AI Tech Stocks Rise Despite Treasury Yield Surge
Key points
- Nasdaq Composite closes at a record high
- Rises even as U.S. Treasury yields hit a new high
- Assessment that strong AI tech stocks overcame yield fears
The Nasdaq Composite closed at a record high.
Digital Daily reported that AI tech stocks were strong even as U.S. Treasury yields hit a new high, and EBN reported that AI overcame fears over interest rates.