US stocks edged higher Wednesday as Amazon (AMZN) led a tech jump that saw the company cross $2 trillion in market cap for the first time ever.
The benchmark S&P 500 (^GSPC) rose 0.2%, while the Dow Jones Industrial Average (^DJI) edged 0.04% higher. Meanwhile, the tech-heavy Nasdaq Composite (^IXIC) was up about 0.5%, leading the way higher.
Treasury yields inched off their 3-month lows. The 10-year Treasury yield (^TNX) added about 8 basis points to climb back to 4.31%.
A wobbly last handful of sessions has left investors wondering whether the drag on stocks is temporary or the start of a more solid retreat. The outsize impact of Nvidia (NVDA) stock on broader performance has underlined the question.
