US stocks, including Dow Jones, S&P 500, and Nasdaq Composite, closed higher on Friday, driven by strong tech earnings; Nasdaq surged 2.03%.
US stocks closed higher on Friday, with the Dow Jones, S&P 500, and Nasdaq Composite all posting gains, driven by strong earnings from major tech companies, including Alphabet and Microsoft. The tech-heavy Nasdaq Composite saw the largest increase, gaining 2.03%. The strong earnings reports helped to alleviate investor concerns about increased spending on data centers and AI, as well as positive inflation data.
April 26, 2024
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