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Nasdaq rises as chip stocks gain, but Treasury yields hit multidecade highs

Source: invezz.com

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Nasdaq rises as chip stocks gain, but Treasury yields hit multidecade highs

US equities opened modestly higher, with the Nasdaq Composite up 0.45% (125 points) and the S&P 500 gaining 0.23%, supported by chip and consulting stocks. The advance was tempered by surging Treasury yields and persistent concerns over inflation and government borrowing, leaving the broader market backdrop mixed.

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Market Sentiment

Overall Sentiment

mixed

Sentiment Score

0.08

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