Nasdaq Hits Record High as Tech Stocks Surge Amid AI Optimism
The Nasdaq Composite reached a new record high as tech stocks surged, driven by optimism around AI spending and easing concerns over the Iran war. The index rose over 1.5% to close above 24,000, outperforming the S&P 500. Investors are focusing on tech earnings for clarity on AI investment trends.
Topics: AI trade Iran war impact Market sentiment Nasdaq Tech stocks