Nasdaq surges 2% on strong tech earnings, heads for best day since February: Live updates
Publishing timestamp: 2024-04-26 13:36:30
Summary
Stocks jumped on Friday, with S&P 500 and Nasdaq Composite heading for their best week since November. Big Tech names rallied on strong earnings, with Alphabet and Microsoft leading the way. Fresh U.S. inflation data also helped boost market sentiment. Newell Brands saw its shares surge after beating Wall Street expectations. The U.S. dollar appreciated against the Japanese yen to its highest level since 1990. In Japan, the Nikkei ended the week up 2.34%. Overall, tech stocks performed well, with the Nasdaq Composite tracking for its best day since February. Inflation data in Tokyo showed a slowdown, while investors await the U.S. personal consumption expenditures price index.
Sentiment: POSITIVE
Tickers: 2317-TW, @SP.1, .SPX, MSFT, RMD, @ND.1, .IXIC, @DJ.1, NWL, .N225, GOOGL, CRNC, CVX, JPY=, XOM, .DJI, @HG.1,
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Source: https://www.cnbc.com/2024/04/25/stock-market-today-live-update.html