22-02-2024 22:48 via rocketnews.com

Nasdaq Composite briefly trades above its record close as Nvidia fuels broad stock rally

A Nvidia-led rally helped push the Nasdaq Composite toward rarefied territory on Thursday, with the tech-heavy index briefly trading above its record-high close set 27 months ago. The Nasdaq Composite COMP,comprised of most of the stocks that trade on the Nasdaq stock exchange and one of the world’s most closely followed benchmarks, finished at 16,041.62 — its second-highest close in history and just shy of the record 16,057.44, set on Nov. 19, 2021. The index briefly traded as high
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