Tech Stocks Support Wall Street as Pressure From Rising Bond Yields Rattles Markets Worldwide
Micron’s stronger profit report and upbeat forecast lifted Nvidia and Alphabet as the 10-year Treasury yield climbed to 5.30%, near its highest since 2002.
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10 Articles
Reformatorisch Dagblad
welingelichtekringen.nlNew York stock exchanges opened higher on Thursday, once again boosted by gains in technology companies. Trading was primarily supported by an optimistic outlook from chip manufacturer Micron Technology. However, investor enthusiasm was somewhat tempered by rising oil prices.
The New York stock exchange opened higher, supported by gains in AI-related stocks, despite pressure from rising Treasury bond yields.
Wall Street opens in positive, thanks to Micron's outstanding results pushing chip manufacturers and the artificial intelligence industry, despite the increase in Treasury bond yields and oil prices.
The New York stock exchange opened higher, boosted by gains in AI stocks despite rising Treasury yields. At the open, the Nasdaq rose 0.46%, the S&P 500 0.25%, and the Dow Jones 0.18%; Micron's better-than-expected revenue forecast reinforced confidence in AI investments.
Micron boosts tech stock rally
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