Tech Stocks Lead Nasdaq and S&P Rally; Dow Achieves Record at 40K
Friday, 12 July 2024, 16:42
Market Rally Driven by Tech Sector
The Nasdaq and S&P indexes surged as technology stocks bounced back, indicating a renewed investor confidence.
Dow Achieves New Record
The Dow Jones Industrial Average broke the 40,000 barrier, marking a new milestone in the market.
- Positive Momentum: Megacap tech companies led the rally, supported by favorable inflation data.
- Investor Optimism: The market outlook remains positive, especially for the technology sector.
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