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The Nasdaq Composite breached 20,000 for the first time on Wednesday after November's inflation data revived momentum into the equity rally. Tech stocks led the way, pushing the index up 1.7%.
Nasdaq composite: 20,173.89, up 1.24% Here's what else happened today: Bitcoin hit a fresh record above $107,000 as fresh bullishness drove a surge in the crypto token.
Stock market news live updates: S&P 500, Nasdaq fall to four-week low as investors weigh bank earnings, inflation data ... The improved outlook was boosted by a 29.4% jump in the economic view for ...
Microsoft reported its fiscal Q1 results after the bell on Tuesday, topping analyst expectations on the top and bottom line, despite softer cloud revenue. Shares fell in after-hours trading ...
Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle in January.
Wall Street will now watch for the latest producer price index to be released on Thursday. Here's where US indexes stood at the 1:30 p.m. on Wednesday: S&P 500 : 6,0913, up 0.95%
Nasdaq futures : +8 points (+0.05%) to 16,137.75 NEW YORK, NEW YORK - SEPTEMBER 30: Traders work on the floor of the New York Stock Exchange (NYSE) on September 30, 2021 in New York City.
Elsewhere in stock moves Monday, Spotify Technology shares rose roughly 2.1% after the company confirmed the music streaming platform will cut 6% of its workforce, adding to a growing bout of cost ...