Finance

The 30-year Treasury yield climbed to its highest level since 2007, briefly topping 5.19% as investors reacted to reports of reigniting inflation. Similarly, the 10-year Treasury yield touched 4.687%, its highest point since early 2025, driven by expectations that central banks may need to take further action to control rising consumer prices.

Investors are closely monitoring Nvidia's first-quarter earnings report, which is expected to serve as a critical barometer for the global artificial intelligence trade. Strategists note that the chipmaker has contributed approximately 20% of the S&P 500's total returns this year, making its upcoming guidance essential for maintaining the current equity rally.

Despite broad market declines, the healthcare and energy sectors showed resilience, posting gains of approximately 1.09% and 1.03% respectively during Tuesday's session. The energy sector continues to lead year-to-date performance, up over 30% as supply-side shocks and rising oil prices offset the volatility seen in high-growth technology shares.