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The Nasdaq Composite gained 1.05% to close at 27,477, marking a new high despite a global bond sell-off. The S&P 500 rose 0.66% to 7,774, while the Dow Jones Industrial Average added 0.18% to 51,268.
These moves occurred as tech optimism overshadowed elevated Treasury yields, with the 10-Year Treasury yield rising 0.03% to 5.31% and gold prices gaining 0.10% to $4,138.68.
Most sectors advanced during the trading session, with industrials and communication stocks surging. Real estate stocks slipped slightly.
Increased risk appetite followed last week's softer-than-expected jobs data, leading traders to factor in a reduced likelihood of a further Federal Reserve rate hike this month.
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