📊 Nasdaq at a record—The Climb has a test ahead.
The Nasdaq Composite rose 1.1% Monday to a record close of 27,477.31, led by tech shares. My lean: cautiously bullish while tech momentum holds. The complication: the 10-year Treasury yield also climbed above 5.3%, which could pressure growth-stock valuations.
Can tech earnings keep outrunning higher borrowing costs?
#NASDAQ #TechStocks #Markets
The Nasdaq Composite rose 1.1% Monday to a record close of 27,477.31, led by tech shares. My lean: cautiously bullish while tech momentum holds. The complication: the 10-year Treasury yield also climbed above 5.3%, which could pressure growth-stock valuations.
Can tech earnings keep outrunning higher borrowing costs?
#NASDAQ #TechStocks #Markets