Nasdaq 100 Eyes Record High Close, Fifth Positive Week As Traders Flock To AI-Linked Stocks: What's...

Published on 25 May 2024 on Benzinga

Nasdaq 100 Eyes Record High Close, Fifth Positive Week As Traders Flock To AI-Linked Stocks: What's...

Technology stocks surged on Friday, rebounding sharply after Thursday’s decline, as investor confidence in the artificial intelligence-driven rally remained high.

The Nasdaq 100 index jumped over 1%, reaching 18,820 points by 1 p.m. in New York, setting the stage for a record high close and marking its fifth consecutive week of gains — the longest streak since January.

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Nasdaq 100 Eyes Record High Close, Fifth Positive Week As Traders Flock To AI-Linked Stocks: What's...

NYSE.BKE price evolution

NASDAQ.STEP price evolution

NYSE.XLY price evolution

NYSE.TAN price evolution

Want to become a better investor?