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Watch Now: Nasdaq (Briefly) Tops 10,000 As Big Tech Rallies Back To ATHs (Comic)

Published 06/13/2020, 07:12 AM
Updated 06/13/2020, 07:24 AM

By Jesse Cohen

Investing.com - Stocks rallied on Friday in volatile trading as Wall Street clawed back some of the sharp losses from the previous session.

The major averages, however, suffered their worst week since March as traders grew nervous of a resurgence in Covid-19 cases.

Despite that, the Nasdaq Composite has managed to rally nearly 45% from an intraday low set on March 23.

The tech-heavy index set a new all-time high above the 10,000-level on Wednesday.

The Nasdaq's upbeat performance has come on the back of strong gains in many of the big-name tech-related shares, most notably Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), and Facebook (NASDAQ:FB).

The combined market value of the four companies is close to $5 trillion, with Apple claiming the top spot at $1.47 trillion, followed by Microsoft at $1.42 trillion and Amazon at $1.27 trillion.

Latest comments

as the excessively rich and speculators rally prices to the moon....on the streets, the social fabric of this nation moves downward into the pit and is about to fall apart.
so also to pray that my investment &trading to hit 10 million by2024
what is ATHs?
All time high
Just want to be enriched by investing in stocks. Hoping to hit my first $1m by 2025. Someone wish me good luck.
good luck👍
Good luck
at the rate the federal reserve is pumping money into the economy, by 2025 your million dollars should be worth less 200,000 dollar of today's dollars and the average house will cost more than 1.7 million $. anyway, where do you plan to spend your money? in the streets for the vast majority of everyday Americans the year 2025 does not look like a bright future. no man is an island!
I see the black Moon rising
Just toss trump in that pic , make it 6 bozos instead of 5
15% unemployment and 44 million out of work but Nasdaq is doing great. The calm before the storm
Take a look at the landscape, earnings are up for these companies during the crisis. Your comment applies to traditional companies, of which these companies are not
when things are worst people spend more on liquor.
.....where are you gonna spend your money when there is chaos in the entire social structure of the nation and when half the economic supply chain is shattered into 2 dozen pieces? As the social fabric falls apart all your paper money and gold will fall in value. people cannot eat gold.
thats funny...wheres alphabet??? lol
MSFT, AMZN, GOOGL, AAPLMAGA!!!!
Immigrant here! I am doing great! I love America and America loves me! WOOOHOOO! MAGA!
ask the 44 million out of work if it is MAGA
I dii . I just did and they told me that they will be voting for Trump in November...
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