Musk Reclaims Trillionaire Status and Nasdaq Hits Record
A strong day for technology stocks as the Nasdaq reached a record high, largely driven by enthusiasm surrounding artificial intelligence and significant gains from major companies like Nvidia. This equity rally pushed Elon Musk back into trillionaire status following a notable surge in SpaceX shares, while major indices like the S&P 500 also approached their own record peaks. However, this financial optimism occurs alongside growing inflationary pressures and a rising 10-year U.S. Treasury yield that reached its highest point since 2002. Observers note that the broader market remains heavily…
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