Reported 28 days ago
On Tuesday, the Nasdaq Composite reached a record high, increasing by approximately 0.8% as tech stocks shined amid mixed overall market performance. Alphabet (GOOG, GOOGL) set the stage for big tech earnings, reporting stronger-than-expected third-quarter results, which propelled its shares up over 4% in after-hours trading. In contrast, the Dow Jones Industrial Average declined about 0.4%. Job openings data showed a decrease, signaling a cooling labor market ahead of the Federal Reserve's upcoming interest rate decision.
Source: YAHOO