Stocks Set to Reach New Records - Are They Forming a Top?

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The NASDAQ rose 1.05 percent yesterday to new record highs, while the S&P 500, jumping 0.66 percent, closed just 0.5 percent off a new record. Yesterday's rally was quite broad: almost all sectors except real estate grew, while the best results were recorded by the sectors of raw materials (+1.2%), communications services (+1.1%) and energy (+0.9%).

finanzmarktwelt.de

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Yesterday, the Nasdaq 100 index reached a new record high with 31,117 points. Yesterday, the S&P 500 reached a new record closing price, but not yet a real new all-time high. US stock markets climb up strongly, but only at first glance. As we have shown several times in recent days: Only a small part of US shares – [...] The post Nasdaq reaches new record high – despite bond yield at the attack appeared first on financial marketwelt.de.

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U.S. bond yields, at the peak of the last 24 years; Asian stock exchanges grow after the Nasdaq record. Brent oil, around $100

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Wall Street closed upwards on Monday, with the technological sector leading the advance despite a new leap in Treasury bond yields. The S&P 500 won 0.66%, while the Nasdaq Composite added 1.05% and ended in a new record, thanks to the fact that the big techs maintained an appetite for shares.See more: What to invest in the fourth quarter? Bonds, AI, copper and emerging markets gain spaceThe advance showed the ability of variable income to withst…