Nasdaq breaks 20,000 mark as tech giants shine, while investors await potential Fed rate cut.

The Nasdaq Composite Index reached a historic milestone, closing above 20,000 for the first time, driven by strong performances from tech giants like Apple, Microsoft, and Amazon. Despite this gain, the Dow Jones Industrial Average slipped 0.2%. Investors are optimistic about a potential rate cut from the Federal Reserve next week, following a CPI report showing inflation at 2.7% over the past year.

3 months ago
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