financetom
Market
financetom
/
Market
/
Nasdaq hits record high, on track for a new bull market
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nasdaq hits record high, on track for a new bull market
Jun 27, 2025 6:55 AM

June 27 (Reuters) - The Nasdaq hit a record high on

Friday, as investors piled into technology companies on optimism

around artificial intelligence and the prospect for looser

monetary policy, putting the index on track to confirm a bull

market.

The tech-heavy index was last up 0.4% at 20,243

points, surpassing its record high of 20,204 on December 16. It

had tumbled 26.8% from its previous peak, marking a bear market

days after Trump's "Liberation Day" reciprocal tariffs on April

2.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Traders Weigh Trump's Evolving Trade Policies, Fueling Premarket Losses for US Equity Futures
Traders Weigh Trump's Evolving Trade Policies, Fueling Premarket Losses for US Equity Futures
Mar 6, 2025
09:04 AM EST, 03/06/2025 (MT Newswires) -- US equity futures were falling ahead of Thursday's opening bell as traders monitored the evolving trade policies out of the White House. The Dow Jones Industrial Average futures fell 0.9%, S&P 500 futures dropped 1.1%, and Nasdaq futures were down 1.5%. President Donald Trump's new tariffs on the country's top three trading partners...
Sector Update: Health Care
Sector Update: Health Care
Mar 6, 2025
08:54 AM EST, 03/06/2025 (MT Newswires) -- Health care stocks were steady premarket Thursday as the Health Care Select Sector SPDR Fund (XLV) and iShares Biotechnology ETF (IBB) were recently inactive. BrightSpring Health Services ( BTSG ) shares advanced by over 5% after the company reported higher Q4 adjusted earnings and revenue. The company also raised its 2025 revenue outlook....
Sector Update: Tech
Sector Update: Tech
Mar 6, 2025
08:49 AM EST, 03/06/2025 (MT Newswires) -- Technology stocks fell premarket Thursday with the Technology Select Sector SPDR Fund (XLK) down 1.5% and the SPDR S&P Semiconductor ETF (XSD) 2.2% lower recently. MongoDB ( MDB ) shares were down almost 19% after the company issued its fiscal 2026 outlook below analysts' expectations. ...
Sector Update: Financial
Sector Update: Financial
Mar 6, 2025
08:57 AM EST, 03/06/2025 (MT Newswires) -- Financial stocks leaned lower premarket Thursday with the Financial Select Sector SPDR Fund (XLF) recently declining by nearly 1%. The Direxion Daily Financial Bull 3X Shares (FAS) was down 2.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 3% higher. Marex Group ( MRX ) shares were up neraly...
Copyright 2023-2025 - www.financetom.com All Rights Reserved