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S&P 500 reaches record high
The Standard & Poor's 500 index rose to a new all-time high, supported by gains in technology stocks, falling oil prices, and declining U.S. Treasury yields, with the index climbing by 0.5%. This was driven by an increase in chip manufacturing companies such as AMD and Nvidia. Treasury yields dropped to levels not seen since 2002, as investors awaited the Federal Reserve's meeting minutes. Oil prices also declined by about 2%, helping to support stocks. Meanwhile, global markets experienced slight rises and dips. Market experts noted volatility in the bond market over the past few weeks amidst expectations of potential policy adjustments by the Fed.
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