Nasdaq Surpasses 20,000 Points Amid AI Stock Surge

Reported about 13 hours ago

The Nasdaq composite index reached a milestone of 20,000 points for the first time, driven by a strong rally in technology stocks, mainly fueled by optimism over AI advancements and anticipated looser regulations under Donald Trump's presidency. The index rose 1.6% to an all-time high, significantly outperforming other benchmarks this year, as major tech companies like Nvidia, Microsoft, and Apple contributed to this growth.

Source: YAHOO

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