AI-stock rally powers Nasdaq to record close

Biztoc.com - October 5, 2026

AI-stock rally powers Nasdaq to record close

An AI-stock rally powered the Nasdaq to a record close Monday, as investors looked to Big Tech’s third-quarter earnings this month. SpaceX, Nvidia, Meta, and Microsoft all gained, suggesting a kind of “inverse bond trade,” an investor told CNBC: “It’s buy tec…

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