AI Optimism Powers Nasdaq to Hit Fresh All-Time High: 5 Picks
NFLXNetflix(NFLX) ZACKS·2024-06-12 22:00

The tech rally has been helping Wall Street hit fresh records this year. On Jun 11, the Nasdaq and the S&P 500 closed at fresh all-time highs for the second straight day. The tech-heavy Nasdaq closed 0.9% higher at 17,343.55 points on Tuesday, as the enthusiasm surrounding artificial intelligence continued to make investors optimistic about the AI space. Year to date, the Nasdaq Composite has gained 15.5% after soaring 43.4% in 2023, recording its best year since 2020. Tech stocks have been performing parti ...