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.

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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.
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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.
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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.
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