✉news BusinessMarkets first seen 2 d ago, last 2 d ago, peak #22
S&P 500 hits record high as AI stocks power through bond slump
Original: S&P 500 hits record high as AI stocks shrug off bond market slump
The S&P 500 reached a record high as artificial intelligence-focused stocks held firm despite weakness in the bond market. Rising bond yields, which typically pressure equities, failed to dent momentum in AI names, which continue to drive the index higher. Commentators see the move as a sign that enthusiasm for AI-linked companies remains strong enough to outweigh concerns about higher borrowing costs.
Why now: A record equity close despite bond market pressure signals unusual investor conviction in AI stocks right now.
S&P 500Artificial intelligence sectorUS bond market
Evidence
- S&P 500 hits record high as AI stocks shrug off bond market slump · Financial Times
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