U.S. Nasdaq index leaps 2% intraday

IconCryptoNewsTerminal Staff13 Jun, 2024

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U.S. Nasdaq index leaps 2% intraday

The intraday increase in the U.S. Nasdaq index has widened to 2.01%. On the other hand, the S&P 500 index is currently up 1.14%, and the Dow Jones index is up 0.11%. This intraday rise in the U.S. stock market is likely due to a combination of factors, including strong earnings reports from major companies and optimism about the economic recovery. However, it is important to note that these gains could be reversed in the future, and investors should be cautious about making any major investment decisions based on these short-term movements.