S&P 500 hovers near record highs as Treasury yields ease: AlphaCheck
Stocks climbed on Tuesday as the S&P 500 headed toward a record.
Good morning. Stock extended gains after the Nasdaq Composite ( ^IXIC ) posted a fresh record, boosted by all-time highs in Nvidia ( NVDA ) shares.
The S&P 500 ( ^GSPC ) also climbed within striking distance of its own record as Treasury yields eased.
The 10-year Treasury ( ^TNX ) yield, used as a benchmark for mortgages and other loans, fell to 5.27%.
Brent crude futures ( BZ=F ) declined to trade near $97 per barrel. The market overwhelmingly expects that the Federal Reserve will hold interest rates steady this month.
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data .
Tech (XLK ) stocks edged higher with Nvidia, Microsoft ( MSFT ), and Tesla ( TSLA ) extending gains.
Bitcoin ( BTC-USD ) rose to trade just above $86,000 per token.
Here are some other notable stocks that Yahoo Finance readers are viewing this morning: Constellation Energy ( CEG ), AMD ( AMD ), and Novavax ( NVAX ).
Topics in this story
Gathered from external sources. Rights to this text belong to whoever originally published it.