Nasdaq hits record high on AI gains and lower yields
The Nasdaq reached a record high close driven by strong gains in artificial intelligence shares. Treasury yields retreated from recent highs and crude prices declined. Investors reacted to easing macroeconomic pressures.
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The Nasdaq surged to a record-high close on Monday, lifted by gains in ADVANCED MICRO DEVICES and other artificial intelligence heavyweights. Treasury yields retreated and crude prices tumbled to an 11-day low during the session.
