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Nasdaq composite hits record high with AI optimism and strong earnings prospects

The Nasdaq composite index (Symbol: NAS100), a technology-heavy benchmark, surged to a record high, closing at 17,879.30 points. This marked the 21st record close of the year for the index, highlighting continued enthusiasm from market participants. At the same time, the broader S&P 500 also finished the session higher by 0.3%, and the Dow Jones Industrial Average edged up 0.1%. Read more to find out about the market spotlights on the upcoming earnings season.

Nasdaq latest updates

Disclaimer:

While the outlook remains positive, it is essential to consider potential risks, such as economic slowdowns, regulatory challenges, or geopolitical tensions that could impact market performance. Traders should maintain risk management in making every single trade decision.

Publication date:

2024-07-20 17:02:37 (GMT)

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