breaking news US stocks rise for second day as Nasdaq closes highest since August
There were relentless flows to US equity markets on Friday, led by the Nasdaq:
- S&P 500 +1.3%
- Nasdaq earnings +2.2%
- DJIA +1.0%
- Russell 2000 +1.1%
- TSX Toronto compensation +0.8%
In Week :
- S&P 500 +0.3%
- Nasdaq earnings +2.4%
- Apartment Russell 2000
- TSX Toronto Compensation -2.1%
Broadcom was a big winner on Friday, gaining 11%, with Qualcom and Intel making progress as the chip rally widens.
This is the fifth consecutive week of gains for the Nasdaq and it appears that the October/December double bottom was the lowest.
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