US stocks reportedly neared fresh highs as oil and Treasury yields fell

An October 6 market post said Brent crude fell 2% to $98 a barrel and the 10-year Treasury yield dropped to 5.27% as US stocks neared fresh highs before the open. The author credited earnings and AI infrastructure spending, rather than multiple expansion, for equity gains. They also said Nvidia hit a record high and remained cautious on Tesla, citing its valuation and falling longer-term estimates.