Nasdaq soars above 20,000 for the first time as stocks jump on rate-cut bets
Inflation data was in line with expectations. Stocks rose as investors saw higher odds of another rate cut at next week's Fed meeting.
Nasdaq hits 20K for first time as Trump, AI bets boost tech stocks
The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks showed no signs of slowing on hopes of looser regulation under Donald Trump’s presidency and bets on AI-fueled earnings growth in the coming quarters. The tech-heavy index rose 1.6% to an all-time high of 20,028.40 points.
Nasdaq jumps above 20,000 as Wall Street rallies on tame US inflation
A rally in tech stocks boosted the Nasdaq after a U.S. inflation report boosted expectations of a Federal Reserve interest rate cut.
Stock market today: Nasdaq tops 20,000 for the first time as tech jumps after inflation data
Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to an all-time high.
Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000
U.S. stock indexes got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 rose 0.8% to break its first two-day losing streak in nearly a month and finished just short of its all-time high.
Stock Market Today: Nasdaq aims for first close above 20,000 threshold
Natural-gas futures posted a sharp climb on Wednesday after forecasts for another "cold blast" on the East Coast, said Phil Flynn, senior market analyst at the Price Futures Group. Weather.com said frigid air will flood the central and eastern U.
Stock market today: Wall Street slips to a rare back-to-back loss
They’re the first back-to-back losses for the index in nearly a month, as momentum slows following a big rally that has it on track for one of its best years of the millennium. The Dow Jones Industrial Average fell 154 points,
Stock Market News: Nasdaq Tops 20,000 for First Time on Record
The Dow falls, while the S&P 500 and Nasdaq close higher Wednesday after the stock market reacts to the CPI inflation report.
The Nasdaq Tops 20,000 for First Time. Tech Stocks Are Carrying the Market Again.
The Nasdaq Composite crossed 20,000 for the first time Wednesday after the latest inflation update merely matched expectations. The tech-heavy index was up 1.7%, on track to mark its 37th record close of 2024,
Stock market today: Wall Street gets back to climbing, sending Nasdaq to a record
Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500
24 Things That Happened for the First Time in 2024
5. An extreme marathoner runs the length of Africa.
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