Stock Market Today: Nasdaq clinches record close as tech reigns supreme

Investing.com -- Nasdaq rallied to a record close Friday, ending the week with a win as a Nvidia-led surge fueled bullish bets on stocks offsetting jitters about higher longer interest rates ahead of the long holiday weekend.

The SEC approved applications for eight ETFs including VanEck, Fidelity, Franklin, Grayscale, Bitwise, ARK Invest 21Shares, Invesco Galaxy and BlackRock , meanwhile, rose 2% after the electric vehicle maker said it would cut 6% of its workforce as part of a restructuring effort to save costs amid a difficult backdrop for EV demand.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: S&P 500, Nasdaq in record close ahead of Nvidia earningsStock Market Today: S&P 500, Nasdaq in record close ahead of Nvidia earnings
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: Nasdaq shrugs off hot inflation data to clinch record closeStock Market Today: Nasdaq shrugs off hot inflation data to clinch record close
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: Nasdaq sets another record as Wall Street wins back earlier lossesU.S. stocks rose in a bounce back from Wall Street’s worst day since April. The S&P 500 gained 0.7% to win back all its losses from earlier in the week. It eked out a fifth straight winni…
Source: mercnews - 🏆 88. / 68 Read more »

Stock market today: Global shares mostly decline after Nasdaq ticks to a record highGlobal shares have retreated even after most U.S. stock indexes finished higher, especially technology issues like Nvidia.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Global shares mostly decline after Nasdaq ticks to a record highGlobal shares have retreated even after most U.S. stock indexes finished higher, especially technology issues like Nvidia.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares mostly decline after Nasdaq ticks to a record highAsian shares have retreated even after most U.S. stock indexes finished higher, especially technology issues like Nvidia. Indexes in Japan, Australia, South Korea and China fell in Tuesday trading. Oil prices also were lower. U.S.
Source: AP - 🏆 728. / 51 Read more »