Tech Stocks Lead Market to Record Highs Amid Global Economic Shifts

Global stock markets experienced gains, driven by technology stocks reaching new heights on Wall Street. Asian markets benefitted from potential tariff threats by Donald Trump, while U.S. bond yields and currency trading showed minimal fluctuations. Key big tech companies contributed significantly to the S&P 500's rise.


Devdiscourse News Desk | Tokyo | Updated: 03-12-2024 09:52 IST | Created: 03-12-2024 09:52 IST
Tech Stocks Lead Market to Record Highs Amid Global Economic Shifts
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Global markets saw an upward trend on Tuesday, largely attributed to the strong performance of technology stocks that propelled the S&P 500 to a record high.

Asian indices followed suit, with notable gains in Japan's Nikkei 225 and South Korea's Kospi, driven by external economic developments including U.S. tariff threats.

The bond market maintained stability with minor yield changes, while key economic reports in the U.S. are awaited, alongside fluctuations in energy and currency trading.

(With inputs from agencies.)

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