US stocks ignore high yield warning! Tech stocks lead gains, pushing the S&P 500 close to a record high.
Zhitong Finance APP has learned that, as investors largely ignored concerns triggered by bond yields rising to multi-decade highs, technology stocks led gains and pushed the S&P 500 index close to a record high. On Monday, the three major U.S. stock indexes closed higher collectively, with the S&P 500 up 0.66%; the Nasdaq up 1.05%, setting a record closing high; and the Dow up 0.18%.
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