Technology and energy shares propelled US stocks to a new record on Thursday while government bonds rallied, in the return of a popular pandemic trade predicated on continued social curbs and supportive monetary policy.
The benchmark S&P 500 passed the 4,000 level for the first time, closing 1.2 per cent higher in New York. The tech-focused Nasdaq Composite, which is stacked with growth companies whose valuations are flattered by lower market interest rates, climbed 1.8 per cent.
The yield on the benchmark 10-year Treasury note, which rose sharply in the first quarter as investors bet on a jolt in inflation when economies reopened, fell 0.07 percentage points to 1.67 per cent.
您已閱讀19%（683字），剩余81%（2978字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。