The Nasdaq Technology Index has passed the psychological limit of 7,000 points for the first time in its history on Monday. The other two indexes, S&P and Dow, rose to new record highs. The hopes that tax cuts will be the Christmas gift to investors were at the core of stock market growth.
The broad S&P 500 rose to nearly 2,700 points, from which the border only separated a few points.
The US indices enjoyed an almost year-round rally this year, focusing on their best performance in 2013.
Twitter's stocks were among the highest rising for the day, adding over 8%. This happened after JPMorgan predicted double-digit growth in social networking users next year.
No comments:
Post a Comment