Nasdaq Hits All-Time High as Big Tech Stocks Surge Before Earnings: Live Updates – CNBC

“Nasdaq Hits Record High as Tech Giants Surge Before Earnings Reports: Live Updates from CNBC”

In a thrilling turn of events on Wall Street, the Nasdaq surged to a record close on Monday as major tech giants prepared to release their quarterly earnings reports. Investors were on the edge of their seats as names like Apple, Amazon, and Microsoft saw their stock prices rise ahead of the highly anticipated announcements.

The tech-heavy Nasdaq soared 1.7%, closing at a new all-time high of 14,211.08. This marked a significant milestone for the index, which has been steadily climbing in recent months as tech companies continue to thrive in the post-pandemic economy.

Apple, one of the most valuable companies in the world, saw its stock price jump 2.4% as investors eagerly awaited the release of its earnings report later this week. Amazon and Microsoft also experienced gains of 2.1% and 1.8%, respectively, as anticipation for their earnings reports grew.

The excitement surrounding these tech giants has been palpable in the market, with many analysts predicting strong results for the companies. The surge in stock prices reflects investors’ confidence in the future of the tech sector, which has been a major driver of the market’s recent gains.

As the week continues, all eyes will be on these major tech names as they unveil their quarterly earnings reports. The Nasdaq’s record close serves as a testament to the strength of the tech industry and its importance in driving the overall market performance. Stay tuned for live updates as these companies release their earnings and continue to shape the future of the stock market.

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