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BTCC / BTCC Square / Global Cryptocurrency /
Tech Giants Alphabet and Tesla Fuel Nasdaq 100 Rally Amid Yield Retreat

Tech Giants Alphabet and Tesla Fuel Nasdaq 100 Rally Amid Yield Retreat

Author:
Global Cryptocurrency
Published:
2025-05-23 17:16:01
18
2

Alphabet (GOOGL) and Tesla (TSLA) spearheaded a robust rebound in the Nasdaq 100 (QQQ) and S&P 500 (SPY) as Treasury yields retreated from recent highs. The tech-heavy index climbed 0.7%, with Nvidia (NVDA) and other sector leaders amplifying gains. Market sentiment improved as rate pressures eased following Wednesday’s steep selloff.

The rally underscores tech’s dominance in driving broad market recoveries. Alphabet and Tesla’s outsized influence highlights concentrated momentum trades, while yield-sensitive growth stocks benefited from the macro shift. Trading volumes surged across major exchanges as institutional buyers reentered positions.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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