17 Hrs
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الاقتصادية
Global stocks near record highs despite oil and yields pressures
Global stocks edged slightly higher near record levels, despite concerns over rising oil prices and bond yields. The Nasdaq 100 reached a new high, while the S&P 500 remained half a percentage point below its all-time peak, supported by strong earnings from major tech companies like Nvidia and Microsoft. Meanwhile, government bonds in Australia and New Zealand declined, and the yield on the 10-year US Treasury bond rose to 5.32%, a level not seen since 2002. Despite the increase in bond yields, markets focused on the resilience of corporate profits and continued consumer spending, along with heightened investments in artificial intelligence, even as pressure in the bond market masked a decline in equities.
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