Tech stocks wrap up strongest three-week rally since early days of Covid in April 2020
Publishing timestamp: 2023-11-17 16:15:31
Summary
The Nasdaq rose 2.4% this week, marking its best performance over a three-week stretch since April 2020. Nvidia's upcoming earnings report is expected to capture investor attention. Intel was the biggest winner among large-cap tech stocks this week, with a 13% climb. Semiconductors, particularly Nvidia, will be the primary focus for tech investors next week. The broader market received a boost from tame U.S. inflation data, and Tesla was the next-biggest gainer this week.
Sentiment: POSITIVE
Keywords: business, social media, breaking news: markets, technology, business news, breaking news: technology, markets, nvidia corp, tesla inc, intel corp, elon musk,
Source: https://www.cnbc.com/2023/11/17/tech-stocks-wrap-up-strongest-three-week-rally-since-april-2020.html