StocksMediumUpdated•Originally published 5 October 2026•Updated 5 October 2026•
1 min read
Nasdaq Hits Record High as Tech Rally Defies Surging Treasury Yields
Key Facts
1The Nasdaq index closed at a record high as stocks continued to climb.
2Stock gains occurred despite pressure from surging U.S. Treasury yields.
The Nasdaq Composite index closed up 1.05% at a record high of 27,477.31 on October 5, 2026. MarketWatch reported that these gains occurred despite pressure from surging U.S. Treasury yields, as investor optimism in equity markets outweighed traditional fixed-income headwinds.
The rally was supported by gains in Nvidia and Microsoft, which offset declines in shares of Apple, Amazon, and Intel. This performance marks a significant technical milestone, continuing a multi-day trend that resulted in the record close on October 5, 2026.