S&P 500 +1.1%, Nasdaq +1.4% as Tech Rally Lifts Wall Street
Thursday's session showed how rapidly easing Treasury yields can reignite the mega-cap tech trade, lifting the S&P 500 1.1% and Nasdaq 1.4%. Nvidia's $13 billion Hugging Face acquisition reinforced the AI-linked bid. With oil closing little changed despite U.S.-Iran escalation, inflation and rate concerns cooled.
Source: newsday.com · 2news.com