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Nasdaq holds support as yields fall after surprise economic data
The move helped the Nasdaq find support, as investors cheered as Treasury yields pulled back Tuesday morning.
Yahoo Finance market coverage said the Nasdaq held support on Tuesday as investors reacted to surprise economic data, with the index stabilizing near a key level.
The outlet also linked the tone to falling yields, saying investors cheered as bond yields declined Tuesday morning, which helped support the Nasdaq.
The coverage framed the session as a broader shift in market direction, with traders watching how the bond market may continue to influence equities.
Latest closeNasdaq Comp. 26,729.16 ▼0.3%
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