US Stocks Rise as Treasury Yields Ease Amid Tech Rally
The US stock market closed higher on Thursday, led by tech giants, as treasury yields eased and cryptocurrencies rallied.
The Dow-30 rose 1.2%, the S&P 500 gained 1.1%, and the Nasdaq Composite increased 1.4% amid lower U.S. Treasury yields.
Nvidia, Snowflake, Tesla, Palantir, and other tech giants drove the gains after their earnings reports were well-received by investors.