S&P 500 and Nasdaq Reach New Highs Amid Tech Surge

The S&P 500 and Nasdaq Composite reached record highs on Monday, driven by gains in large technology stocks, while the Dow Jones Industrial Average fell slightly. Despite the positive performance, market activity was subdued following the Thanksgiving holiday, with low trading volumes. Treasury yields rose, and the yield curve inverted, indicating potential market concerns ahead of key economic data releases and Federal Reserve commentary. Traders are particularly focused on the upcoming labor market report, which could influence expectations for a potential interest rate cut.