The benchmark S&P 500 and the tech-laden Nasdaq have touched near two-week highs as lower Treasury yields boosted megacaps while investors keenly awaited inflation reports and earnings from major lenders later in the week. Microsoft, Alphabet, Amazon.com and Meta Platforms rose between 0.6 per cent and 2.6 per cent as US Treasury yields ticked lower, with those on the benchmark 10-year note slipping to 3.98 per cent. Nvidia also gained 1.1 per cent after TSMC - the world's largest contract chipmaker - beat fourth-quarter revenue expectations. Communication services stocks rose 0.7 per cent, hitting a near two-year high and leading…
