Wall Street Climbs Despite Rising US Treasury Yields, Nasdaq Hits Record High

On the 5th (local time), the three major U.S. stock indices closed higher across the board.

As U.S. Treasuries continued to face selling pressure, the yields on the 10-year and 30-year notes broke records to reach their highest levels since 2002 during the session. However, boosted by gains in tech stocks, the Nasdaq Composite Index hit an all-time high.

On this day, the Dow Jones Industrial Average finished up 90.94 points (0.18%) at 51,267.90.

The S&P 500 rose 51.23 points (0.66%) to close at 7,773.95, while the Nasdaq Composite gained 286.45 points (1.05%) to finish at 27,477.31.
※ Please note: This article was translated by AI and may contain errors.