# Tech rally leads S&P to record high as Treasury yields dip, dollar softens | Reuters

> The S&P 500 reached an all-time closing high on a tech rally while Treasury yields eased from recent peaks. The dollar fell to a two-week low against a basket of currencies after an unexpected rise in U.S. jobless claims.

- Date: 2021-04-08 · published 2021-04-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47793-tech-rally-leads-s-and-p-to-record-high-as-treasury-yields-dip-dollar-softens
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Softer yields and a weaker dollar support commodity prices in general. Feed markets would see only a minor indirect effect from this broad market move.

## Read by commodity

- DXY: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/business/tech-rally-leads-sp-to-record-high-as-treasury-yields-dip-dollar-softens-idUSKBN2BU3NG/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.