Nasdaq rises to record as investors buy Apple ahead of earnings, S&P 500 is flat

  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Stocks closed at record highs yesterday as President Biden was sworn into office. 3 experts discuss what the new administration means for markets.

The Nasdaq Composite jumped to a record high once again Thursday as investors bet on strong earnings from big tech companies next week.

Apple's jump came after top analyst Katy Huberty from Morgan Stanley said she expects a record December quarter print for the tech giant. Optimism is rising that major technology companies will impress Wall Street when they hand in earnings reports next week. Apple, Microsoft and Facebook have all risen at least 5% this week ahead of their quarterly results.

will ensure a smoother and faster reopening. Some on Wall Street are optimistic that Biden's plans to combat the pandemic will give the stock market a further boost through 2021.on his first full day in office, including 10 executive orders and his intent to use the Defense Production Act to ramp up protective equipment production.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Means brrrrrrrrr

Trump hasn't been jailed yet?

It means more debt, short the dollar because we’re going bankrupt.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines