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News Wire / economy

Tech Stocks Rally, Nasdaq Hits New All-Time High

KYW Newsradio 1060 New York 1h5m Impact 8
The tech-heavy Nasdaq index closed at a new all-time high, while the Dow Jones Industrial Average saw a slight decrease. This surge occurred despite a hotter-than-expected inflation report. This rally in tech stocks contrasts with a broader market decline.

Topics

stock market Nasdaq producer prices

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Sources · 7 independent

KYW Newsradio 1060

“closing at a new all-time high.”

CNA938 Singapore

“of that S&P 500 rose to a new all-time high as tech gains oversh adowed a hotter-than-expected inflation report.”

BBC WS backup

“Nasdaq hits new all-time high.”

Bloomberg Radio

“Nasdaq hits new all-time high”

Bloomberg Radio

“That sent the Dow 67 points lower, but the tech -heavy Nasdaq was up 314, closing at a new all-time high.”

WBBM Newsradio 780

“the S&P as a rally in chip makers and other tech stocks.”

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