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...

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https://www.marketwatch.com/story/dow-sp-500-clinch-back-to-back-all-time-highs-amd-tech-stocks-slip-to-end-the-week-as-treasury-yields-above-162-2021-03-12

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