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Nasdaq Hits Record High Amid Tech Surge, Dow Plummets

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Source: Benzinga
Nasdaq Hits Record High Amid Tech Surge, Dow Plummets
Photo: Benzinga
TL;DR

Tech stocks in the Nasdaq 100 hit record highs, driven by Nvidia's strong earnings and a rally in semiconductor stocks. Solar stocks also surged due to increased tariffs on Chinese imports. Meanwhile, meme stocks like GameStop declined, and inflation concerns rose, impacting non-tech sectors. The SEC approved steps towards Ethereum ETFs, signaling growing regulatory acceptance of cryptocurrencies.

Topics:businessfinancial-markets#federal-reserve#financial-markets#meme-stocks#nasdaq-100#nvidia#solar-stocks
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  1. Nvidia, Tech Stocks Propel Nasdaq 100 To Record High; Solar Sector Shines, Meme Stock Bubble Bursts: This  Benzinga
  2. Stock market today: Stocks slide, Dow suffers worst day in a year as Nvidia fails to spur market rally  Yahoo Finance
  3. CNBC Daily Open: Dow's worst day in 2024, Nvidia shares pop  CNBC
  4. Stock Market Today: Nasdaq clinches record close as tech reigns supreme  Investing.com
  5. Stocks Drop Despite Nvidia's Big Rally  The Wall Street Journal

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