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Home Market Research Business

Nasdaq Turns Positive for the Year as Stocks Stage Broad Rally

by TheAdviserMagazine
4 months ago
in Business
Reading Time: 1 min read
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Nasdaq Turns Positive for the Year as Stocks Stage Broad Rally
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The Nasdaq Composite closed up on the year for the first time since February as the broader market continued to rally.

The tech-heavy index gained 0.8% to close in the black year to date for the first time since February. The S&P 500 rose 0.6%. The Dow Jones Industrial Average rose 214 points, or 0.5%. The Dow extended its winning streak to four days.

It seemed like the path of least resistance for the market was higher on Tuesday. The Job Openings and Labor Turnover Survey came in better-than-feared, and there weren’t any major updates on tariffs to derail momentum among tech stocks.



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