Patrick Harker

Tech-Stocks-Propel-SP500-to-New-Heights-Despite-Rising-Treasury-Yields-Preview

Tech Stocks Propel S&P 500 to New Heights Despite Rising Treasury Yields | Daily Market Analysis

Key events: Australia - RBA Interest Rate Decision (Jun) Eurozone - CPI (YoY) (May) USA - Core Retail Sales (MoM) (May) USA - Retail Sales (MoM) (May) The S&P 500 closed at a new all-time high on Monday, overcoming rising Treasury yields as technology stocks continued their upward trajectory, supported by ongoing discussions from the Federal Reserve and anticipation of key economic data due later this week.

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