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Can't keep US equities down -- Nasdaq rises 1%
Microsoft is leading a charge in tech stocks after revealing pricing for its AI assistant. Netflix is also up 5% after an upgrade as tech stocks continue to impress.The April 2022 high is now withing striking distance as the Nasdaq Composite rises 1%.Earnings season will be a challenge for some of the high-flying tech stocks but early indications are that they're spending less. That should translate into improved margins and that could sustain the rally.There's also a broadening of tech gains as...
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Posted: Jul 18 2023, 19:17
Author Name: forexlive
Views: 110842