Rising Treasury Yields, Nasdaq's Record High, and Economic Data

In this episode of Market Deep Dive, we dive deep into the latest stock market performance and the implications of rising Treasury yields across various sectors. The Nasdaq Composite recently hit a new intraday high, driven by strong performances in tech stocks, while sectors like industrials and materials struggled under the pressure of increasing yields. We’ll also discuss key economic data, including robust consumer sentiment and durable goods orders, that have influenced these rising yields. Looking ahead, we’ll explore what investors can expect in terms of Federal Reserve rate cuts and the upcoming earnings reports from major tech players like Alphabet, Microsoft, and Apple. Join us as we break down the current market landscape and help you navigate these dynamic changes.