Nasdaq Hits Record Highs as Tech Reigns Supreme on Falling Bond Yields By Investing.com – Investing.com

Nasdaq Hits Record Highs as Tech Reigns Supreme on Falling Bond Yields By Investing.com – Investing.com

By Yasin Ebrahim

Investing.com – The S&P 500 edged higher Wednesday, as a jump in tech on falling U.S. bond yields and better-than-expected earnings from Microsoft and Google's Alphabet offset weakness in energy.

The rose 0.16%, though remained below its all-time high of 4,598.36. The slipped 18%, or 63 points, while the Nasdaq was up 0.8%.