The NASDAQ index has continued to run with a gain of 197 points or 0.90% to 22339. The high price reached 22340.91.
Leading the charge is Tesla which is up 6.45% after Elon Musk purchased about $1 billion of the stock. Other notable gainers include:
Tesla +6.45% – surging after reports Elon Musk purchased about $1B in Tesla stock, fueling strong bullish momentum.
Chewy +5.42% – rallying on optimism for continued demand growth in online pet supplies.
ASML ADR +5.37% – boosted by strong semiconductor sector momentum and robust chip equipment demand.
Western Digital +5.24% – rising as memory chip recovery prospects improve.
Roblox +4.55% – higher on sustained growth expectations in gaming and metaverse engagement.
Tapestry +4.34% – gaining on strong consumer discretionary flows and luxury retail optimism.
Intel +4.05% – lifted by chip sector strength and AI-related tailwinds.
Alphabet A +3.65% – moving up on steady ad revenue momentum and AI growth story.
Oracle +3.28% – advancing after upbeat sentiment around its cloud and AI-driven enterprise services.
GameStop Corp +3.07% – climbing as retail interest remains elevated in meme-related stocks.
Snowflake +2.76% – edging higher with continued confidence in data and AI-related demand.
Snap +2.66% – modestly higher on improving advertising sentiment.
Stellantis NV +2.64% – ticking up as global auto demand and EV outlook provide support.
CrowdStrike Holdings +2.31% – advancing on strong cybersecurity sector momentum.
The S&P index is up 31 points or 0.47% at 6614.69. Its shares reached a high of 6619.62 earlier in the session but has not followed the NASDAQ to new records since. Nevertheless, the index is on pace for a new record close.
The Dow industrial average is not very as well with a decline of -48 points or -0.11% and 45787.66.. Amgen, McDonald's, Sherwin-Williams, and 3M are contributing to the downside in the Dow 30.
The small-cap Russell 2000 is up 7.69 points or 0.32% at 2404.73.
This article was written by Greg Michalowski at investinglive.com.Hence then, the article about new high for the nasdaq index is traders pile into tech shares was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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