Stock market today: Nasdaq closes near record high amid rough week for stocks

Published On Oct 25, 2024, 4:04 PM

The Nasdaq composite index has closed near a record high, despite a generally challenging week for stocks. Investors are exhibiting optimism in tech companies and growth sectors, which have driven the Nasdaq's rise. This could signal a potential recovery in technology stocks, providing good opportunities for investors looking at this sector.

Stock Forecasts

Given the positive momentum in technology and growth sectors, and the Nasdaq nearing record highs, investing in tech-focused ETFs and stocks may yield good returns. Companies like Apple and Microsoft remain strong candidates due to their market leadership position and consistent performance.

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