U.S. stocks climbed in the tech sector as investors awaited key economic data on Monday, Dec. 2. The S&P 500 gained 0.2%, bringing its year-to-date performance to an impressive 27.5%. The Nasdaq composite surged 1%, maintaining a robust YTD gain of 31.4%.

The Dow Jones Industrial Average slipped 0.3%, though it still has a strong YTD rise of 18.7%. The 10-year Treasury yield climbed 1.6 basis points to 4.2%, increasing 25.6 basis points YTD, reflecting investors’ positions ahead of this week’s economic announcements.

U.S. stocks closed mixed on Tuesday as investors digested comments from the Federal Reserve and early economic data. The S&P 500 was flat, maintaining its strong year-to-date gain, while the Nasdaq rose 0.4% and the Dow slipped 0.2%. The 10- year Treasury yield increased by three basis points to 4.2%, extending its year-to-date rise to 28.6 basis points. Global attention also turned to South Korea’s KOSPI index, which fell 1.3% after the president declared and subsequently lifted martial law.

On Wednesday, all three major U.S. indexes climbed to record highs as investors reacted positively to comments from Federal Reserve Chair Jerome Powell. The S&P 500 rose 0.6%, the Dow gained 0.7% and the Nasdaq surged 1.3%. Oil prices slid 1.8% to $68.70 per barrel, continuing their recent volatility. The 10-year Treasury yield dropped 4.2 basis points to 4.2% as investors adjusted to Powell’s remarks, with its YTD increase standing at 24.4 basis points.

U.S. stocks edged lower on Thursday as investors prepared for the release of a crucial jobs report. The S&P 500 declined 0.2%, the Dow fell 0.6% and the Nasdaq slipped 0.2%. The 10-year Treasury yield eased by 0.6 basis points to 4.2%, reflecting cautious market sentiment.

On Friday, U.S. stocks rose as the job market showed resilience, with recovery on track without sparking inflation concerns. The S&P 500 gained 0.2%, setting a new all-time high and capping a third consecutive winning week. The Nasdaq climbed 0.8% and the Dow slipped 0.3%, weighed down by losses in blue-chip industries.

Treasury yields eased after the jobs report showed robust hiring and a slight increase in the unemployment rate, alleviating immediate concerns about Fed tightening. Investors remain optimistic about the resilience of the labor market and the prospects of continued economic growth.