14 Hrs
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The Nasdaq Index closed at a new record high, supported by gains in technology stocks such as Nvidia and Microsoft. This comes amid a decline in oil prices, which decreased due to increased crude exports from the Middle East and commitments by G7 countries to boost supply. The market is also awaiting the quarterly earnings season, with expectations that profits for companies in the S&P 500 have increased by more than 30% year-over-year, driven primarily by artificial intelligence stocks. Additionally, the reduction in expectations for interest rate hikes following the slowdown in U.S. job growth in September has improved market sentiment, as investors continue to focus on positive factors like falling energy prices.
تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي
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