✉news BusinessMarkets first seen 2 h ago, last 2 h ago, peak #2
S&P 500 flat as rising bond yields offset tech gains
Original: S&P 500 flat as higher bond yields counter tech optimism
The S&P 500 ended essentially unchanged as rising bond yields weighed on the broader market and countered optimism around technology stocks. Investors weighed the impact of higher borrowing costs against continued enthusiasm for tech, leaving the index little moved. Traders are watching yields closely for direction on where equities head next.
Why now: Rising bond yields and their effect on tech-led equity sentiment are the main focus for markets right now.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/376935