Nasdaq Hits Record Close as AI Stocks Rally — SkimNews
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- Nasdaq Composite closed at an all-time high, its fresh record driven by a rally in AI stocks, according to coverage from Al Jazeera and Reuters.
- Stock futures were little changed after the Nasdaq posted its record close, per CNBC's live updates coverage.
Why it matters: The Nasdaq's record close, driven by AI stocks, confirms that sector-specific momentum remains the dominant engine of US equity gains rather than broad-based economic optimism, with steady futures suggesting investors are digesting the milestone rather than chasing it higher.
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