The Globe and Mail reports in its Tuesday edition that Nasdaq scored its first gain of at least 1 per cent in 2024 on Monday, as a fall in Treasury yields helped lift megacap stocks, while a sharp drop in Boeing shares kept gains on the Dow industrials in check. A Reuters dispatch to The Globe says that the S&P/TSX Composite Index gained modestly, also boosted by tech stocks even as energy shares weighed down performance. Treasury yields fell ahead of readings on U.S. inflation and a new supply of U.S. government debt this week, with the benchmark 10-year U.S. Treasury yield hitting a low of 3.966 per cent during the session. That lifted big tech stocks such as Amazon and Alphabet. Shopify gained 4.2 per cent. In addition, Nvidia surged 6.3 per cent and fellow chipmaker Advanced Micro jumped 5.48 per cent, helping to push the Philadelphia SE Semiconductor Index up 3.28 per cent as it bounced from a 5.8-per-cent drop last week. The Nasdaq Composite Index gained 2.2 per cent. Toronto's energy stocks shed 2 per cent as oil prices fell on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output. U.S. West Texas Intermediate crude futures lost $3.04 (U.S.), or 4.1 per cent, at $70.77 (U.S.) a barrel.