Novavax (NVAX): Too Soon To Evaluate US Vaccination Rates - Bloomberg

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S&P 500 jumps as big tech soaks up demand, shrugs off rising Treasury yields

October 16, 2023 3:02 PM EDT

Investing.com -- The S&P 500 rallied Monday, as big tech shrugged off an ongoing climb in yields as investors looked ahead to ongoing quarterly earnings.  

The S&P 500 rose 1.1%, the Dow Jones Industrial Average rose 1% or 318 points, and the Nasdaq gained 1.3%.

Big tech soaks up demand, but Apple weaker as iPhone 15 China sales disappoint

Big tech, excluding Apple, were on the front foot, led by Microsoft Corporation (NASDAQ: MSFT) and Alphabet Inc Class A (NASDAQ: GOOGL) as investors shrugged of rising Treasury... More