Daily Market Report | 05/30/2023
Pence Wealth2023-05-30T10:39:54-07:00Daily Market Report | May 30, 2023 US FINANCIAL MARKETBig Tech Powers Stock Gains as Bond Yields Slide: Markets Wrap - Bloomberg, 5/30/2023A rally in some of the world’s largest technology companies drove gains in US stocks as Treasury yields fell on hopes that Congress will pass a debt-ceiling deal to head off a default.The artificial-intelligence hype continued to fuel appetite for tech shares, with the Nasdaq 100 climbing for a third straight session and heading toward one of its best first five months of a year in the past quarter century.The S&P 500 rose 0.3%. The [...]