The tech-heavy Nasdaq gained 1.5% Friday to end the week at 13,787.92. It has risen 30% since the start of the year, outdoing the S&P 500’s 16% increase and a 4% uptick for the Dow.
Improvements in the emerging field of artificial intelligence have helped boost the stocks of many tech companies in recent months, with shares in Microsoft, Alphabet and chipmaker Nvidia faring particularly well.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks end higher Friday, Nasdaq scores best first half of a year since 1983U.S. stocks closed higher Friday, ending the month strong and the first half of 2023 with robust gains as a long anticipated economic recession failed to...
Source: MarketWatch - 🏆 3. / 97 Read more »
Tech stocks close out best first half in 40 years, powered by Apple rally and Nvidia boomThe Nasdaq's 32% rally in the first six months of the year marked the best first half for the tech-heavy index since it jumped 37% in 1983.
Source: CNBC - 🏆 12. / 72 Read more »
Apple stock hits record, on cusp of $3 trillion market valueApple's stock climbed to a record high close on Wednesday and was on the cusp of a $3 trillion market capitalization.
Source: Reuters - 🏆 2. / 97 Read more »