✉news BusinessMarkets first seen 23 h ago, last 21 h ago, peak #16
Nasdaq hits record as dollar and Treasury yields climb
Original: Nasdaq hits record as dollar and Treasury yields climb, oil prices ease
The Nasdaq reached a record high even as the dollar strengthened and US Treasury yields climbed, while oil prices eased. The mix of a resilient tech-led stock market alongside rising yields and falling crude is drawing attention from investors weighing the outlook for interest rates and energy costs.
Why now: A record high for the Nasdaq against rising yields and a stronger dollar is a striking market divergence investors are reacting to.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1135592