Nasdaq rips to new record high as Mag 7 name rally
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The Nasdaq Composite (^IXIC) roars to life on Monday, closing over 1.2% higher and marking a new record high, while the Dow Jones Industrial Average (^DJI) lags by almost a quarter-of-a-percent. The Federal Reserve's next interest rate decision is at the top of Wall Street's mind this week.
Market Domination Overtime host Julie Hyman and Yahoo Finance markets and data editor Jared Blikre note the gains seen in the tech sector and Nasdaq 100 (^NDX), driven by the Magnificent Seven leaders.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
This post was written by Luke Carberry Mogan.
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