New York: All three major US stock indexes closed at record highs on Friday after a rocky week in which investors fretted over the Delta coronavirus variant and cheered an economic recovery, while US Treasury yields rose before a Federal Reserve meeting next week.
Megacap tech stocks and positive corporate earnings helped drive main US indexes up again. Yields on U.S. Treasuries were also up, as was the dollar, with investors eyeing next week s Federal Reserve meeting for hints on the U.S. economic recovery from the COVID-19 pandemic and when the central bank will pull back support for the economy.
U S stock markets hit new highs, Treasury yields up as choppy week ends
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GLOBAL MARKETS-U S stock markets hit new highs, Treasury yields up as choppy week ends
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Asian stocks trip on China tech woes, some cyclical shares bought - Netscape Money & Business
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