Dow, S&P 500 clinch back-to-back all-time highs and tech stocks slip to end the week as Treasury yields above 1.62%
Posted on AllSides March 12th, 2021
From The Center
The S&P 500 and the Dow Jones Industrial Average booked record closes for a second day in a row, while the Nasdaq Composite saw some selling as a rise in yields for government debt continue to push investors out of highflying, growthy stocks and into those that are expected to perform better during a vaccine-induced rebound from the COVID-19 pandemic. The Dow DJIA, +0.90% closed up about 290 points on Friday, or 0.9%, to post a record finish at around 32,777, while the S&P 500 index closed at its own...