Tech shares lead US stocks as Treasury yields retreat




Updated 5 days ago ·
Published on 21 Nov 2023 7:00AM ·





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Microsoft shares jump 2.1% on Monday after announcing it hired ousted OpenAI co-founder Sam Altman. – EPA pic, November 21, 2023.

TECH shares led the stock market higher yesterday, extending an upturn on retreating US Treasury yields and bullish sentiment about artificial intelligence.

Stocks have been on the front foot since late October, as yields have fallen and markets became more confident the Federal Reserve is done hiking interest rates.


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