Nasdaq 100 Hits New Record High Amid Strong Tech Earnings
The Nasdaq 100 Index reached a new all-time high as strong earnings from Alphabet and Qualcomm boosted market sentiment. Lower crude oil prices and declining bond yields also supported the rally. However, Meta and Microsoft faced downward pressure due to concerns over capital expenditures and growth in Azure, respectively.
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Topics: Alphabet bond yields earnings reports inflation Nasdaq 100 Qualcomm stock market