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Yesterday it was the tech sector and the Nasdaq 100 that once again led the US stock markets higher into final live trading session of the week. We remind readers that most of the US markets are closed today for the Juneteenth holiday.
So, the Nasdaq 100 rose from a low at 30,089, reaching 30.463 ahead of a close at 30,406. That represented a 2.48% gain on the day and a 725 point higher close. That was way above the S+P and Dow Jones in percentage terms. The Nasdaq 100 was led higher by leading AI and chip names again, with the likes of Intel, Micron Technology, QUALCOMM and Marvell Technology figuring in the leading gainers.
The futures are in the red this morning though and that has seen some wild swings overnight. At one point earlier this morning the index was priced to reopen as low as 30,050 after oil prices rose again and the Nikkei 225 got slammed lower from a new record above 72k. The Nasdaq 100 futures have recovered some of that earlier fall now though, but as things stand the index is priced to open lower on Monday, currently around 30,260
Yesterday shares in SpaceX (SPCX) came under selling pressure and that saw the stock fall as low as $172.11 from a slightly lower opening level, at...
The European stock markets have been open for just under one hour now and it has been a positive start to the final session of the week. The DAX did...
Yesterday it was the tech sector and the Nasdaq 100 that once again led the US stock markets higher into final live trading session of the week. We...
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