Nasdaq Hits Record High Amid Tech Surge, Dow Plummets
TL;DR Summary
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.
- Nvidia, Tech Stocks Propel Nasdaq 100 To Record High; Solar Sector Shines, Meme Stock Bubble Bursts: This Benzinga
- Stock market today: Stocks slide, Dow suffers worst day in a year as Nvidia fails to spur market rally Yahoo Finance
- CNBC Daily Open: Dow's worst day in 2024, Nvidia shares pop CNBC
- Stock Market Today: Nasdaq clinches record close as tech reigns supreme Investing.com
- Stocks Drop Despite Nvidia's Big Rally The Wall Street Journal
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