Rising Treasury yields may be helping the 'Magnificent Seven' rally
CNBC reports that the tech giants surged to all-time highs in late September, after floundering for much of 2026.
TLDR
The 'Magnificent Seven' is bucking the market trend, CNBC reports, and a jump in Treasury yields may be helping. The outlet describes the tech giants' climb to all-time highs in the week of September 24, 2026, as a surprising show of strength given their struggles for much of the year.
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