Nasdaq surges 1% to finish above 11,000 for the first time

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NEW YORK (AFP) - The Nasdaq powered its way to a fresh record on Thursday (Aug 6), shrugging off a stalemate in Washington on the latest emergency spending package.. Read more at straitstimes.com.

NEW YORK - The Nasdaq powered its way to a fresh record on Thursday , shrugging off a stalemate in Washington on the latest emergency spending package.

At the closing bell, the tech-rich Nasdaq Composite was at 11,108.07, up 1 per cent, skyrocketing to its fourth straight all-time high and the first close above 11,000 points. The Dow Jones Industrial Average gained 0.7 per cent to 27,387.18, while the broad-based S&P 500 climbed 0.6 per cent to 3,349.16.

 

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