Asia · Financial press · The Economic Times

Nasdaq rebounds but posts fourth straight weekly decline

Published by The Economic Times · India 1 h ago

Detailed summary

On Friday, technology stocks saw a significant rebound, boosting investor optimism about growth in artificial intelligence amidst recent market fluctuations. The semiconductor sector soared, primarily driven by impressive gains from Nvidia and Advanced Micro Devices. Although this recovery was strong, the Nasdaq recorded its fourth consecutive weekly fall, hinting at a mixed market outlook.

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Nasdaq rebounds but posts fourth straight weekly decline

Detailed summary

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