US stocks surge to record highs as yields fall and oil prices ease
US equity markets reached record levels on Tuesday, with the S&P 500 and Nasdaq climbing to all-time highs. The rally was driven by declining Treasury yields and moderating oil prices, which reduced inflation concerns for investors.
Technology stocks led the advance as investors grew optimistic ahead of the upcoming earnings season. Most of the Magnificent Seven stocks posted gains, though Apple and Alphabet recorded modest declines on the day.
