Markets Await ISM Manufacturing PMI Data
ADPADP(ADP) Zacks Investment Research·2024-03-02 01:06

We’re at new all-time highs on the Nasdaq — the first since November of 2021 — which is part of a nearly year-long advancement based on the unveiling of A.I. technology on a practical basis, and led by the “Magnificent 7” stocks which benefited immediately on this new narrative. A few of these companies continue to reach new highs, like A.I. superstar NVIDIA ((NVDA) , while others, like Tesla ((TSLA) , have fallen off. But the Nasdaq has seen a wider distribution of bullish sentiment beyond the futuristic t ...