The Nasdaq Tops 20,000 for First Time. Tech Stocks Are Carrying the Market Again.

The Nasdaq Tops 20,000 for First Time. Tech Stocks Are Carrying the Market Again.·Barrons.com

The Nasdaq Composite crossed 20,000 for the first time Wednesday after the latest inflation update merely matched expectations. The tech-heavy index was up 1.8%, on track to mark its 37th record close of 2024, according to Dow Jones Market Data. The S&P 500 was up 0.9% and within striking distance of its closing record of 6,090.27.

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