Tech stocks edge higher as bond yields remain elevated: AlphaCheck

Key Summary

Tech stocks edged higher on Monday, driven by a mixed market, as long-dated bonds remained elevated and Brent crude oil futures stayed above $100 per barrel. The S&P 500 rose 0.15%, while the Dow Jones fell 0.51%. Meanwhile, bond yields, such as the 10-year Treasury yield, rose 0.53%. Bitcoin also surged 1.36% to $86,395.00, with tech stocks like Microsoft (MSFT) and NVIDIA (NVDA) gaining 1.90% and 1.35% respectively.