Nasdaq Hits Record Amid AI Surge and Political Tensions

Global stock indexes mostly rose as the Nasdaq achieved a record closing high before significant earnings reports. Treasury yields peaked with upcoming U.S. elections, impacting global markets. Investors are closely monitoring tech gains and economic indicators, while geopolitical and financial developments shape market dynamics.


Devdiscourse News Desk | Updated: 30-10-2024 03:55 IST | Created: 30-10-2024 03:55 IST
Nasdaq Hits Record Amid AI Surge and Political Tensions
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Global stock indexes mostly climbed on Tuesday, highlighted by the Nasdaq reaching a record closing high ahead of major earnings reports later this week.

Treasury yields struck multimonth highs, influenced by the nearing U.S. presidential election, with key races and financial results on everyone's radar.

Markets remain volatile, driven by tech enthusiasm and economic uncertainty as global investors react to political shifts and economic disclosures.

(With inputs from agencies.)

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