Macro Finance
S&P 500 Closes In on Record High as Tech Rallies
Bloomberg Markets·October 5, 2026·1 min read
The S&P 500 closed near a record high on Monday as a rally in giant technology companies drove stocks higher, overshadowing concerns about elevated oil prices and bond yields. The Nasdaq 100 reached a fresh peak. The euro weakened to its lowest since May 2025, while longer-dated Treasury yields hit multi-decade highs.
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