S&P 500, Nasdaq hit record highs as Treasury yields stall, oil slips
The S&P 500 and Nasdaq hit record highs on Tuesday as Treasury yields eased from multi-year highs and oil prices fell. This uptick was driven by a pause in the bond market sell-off and steady oil prices, paving the way for a tech- and AI-led wave of buying. Investors looked ahead to the upcoming quarterly earnings season.
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- β The S&P 500 and Nasdaq hit record highs on Tuesday.
- β Treasury yields eased from multi-year highs.
- β Investors looked ahead to the upcoming quarterly earnings season.
What changed
The S&P 500 and Nasdaq hit record highs as Treasury yields stalled and oil prices slipped.
Live updates
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S&P 500, Nasdaq hit record highs as Treasury yields stall, oil slips
The S&P 500 and Nasdaq hit record highs on Tuesday as Treasury yields eased from multi-year highs and oil prices fell. This uptick was driven by a pause in the bond market sell-off and steady oil prices, paving the way for a tech- and AI-led wave of buying. Investors looked ahead to the upcoming quarterly earnings season.
Why it matters
The stock market's performance is closely tied to Treasury yields and oil prices. High yields can make borrowing more expensive for consumers and businesses, potentially slowing economic growth. Conversely, lower yields can boost stock prices by making equities more attractive. The upcoming quarterly earnings season is expected to provide further insight into the health of the economy.
What is confirmed
- The S&P 500 and Nasdaq hit record highs on Tuesday.
- Treasury yields eased from multi-year highs.
- Oil prices fell.
- Investors looked ahead to the upcoming quarterly earnings season.
What to watch next
- Upcoming quarterly earnings reports
- Future movements in Treasury yields
- Changes in oil prices
confidence 100%Sources used for this update (19)
- economictimes.indiatimes.com β Dow Jones
- pro.thestreet.com β Bad News Was Good News Friday β for Stocks, Not Bonds
- finance.yahoo.com β Stock market today: Dow, S&P 500, Nasdaq futures rise ahead of key jobs report as oil steadies
- CNBC β Stock futures edge higher after Nasdaq hits new record: Live updates
- MarketWatch β Stock Market Today: Dow, S&P 500 set to rise after Nasdaq hits record high ahead of third-quarter earnings season
- reuters.com β Wall St futures rise as yields, oil dip
- Investor's Business Daily β Stock Market Today: Dow Rises 300 Points As Oil, Yields Drop; Shares Of AMD, Nvidia, Tesla Rally (Live Coverage)
- finance.yahoo.com β S&P 500 set to open near record highs as Treasury yields cool, oil slips
- AP News β Wall Street rallies toward an all-time high
- economictimes.indiatimes.com β Ahead of Market: 10 things that will decide stock market action on Wednesday
- ca.marketscreener.com β Trading Day: Running with the bulls | MarketScreener Canada
- www.marketscreener.com β S&P 500, Nasdaq hit record highs as Treasury yields stall, oil slips | MarketScreener
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