π Nasdaq Breaks Record: First Close Above Peak in Two Years
Here's what is happening in the markets today, Thursday, February 29
- Nasdaq hits record close, first in over two years.
- February sees Nasdaq lead with a 6.1% gain.
- AI boom and rate cut hopes fuel four-month winning streak.
- New York Community Bancorp (NYCB) drops 28% amid internal issues.
- Fed's preferred inflation gauge rises 0.4% in January.
- Ray Dalio assesses U.S. stock market not in a bubble.
- Dell's shares surge 20% post-strong earnings announcement.
- Elon Musk sues OpenAi
PLUS: How we trade these markets and our current positions
This wraps up today's stock market news.
If you enjoyed the "Stock Market Today" episode, make sure to subscribe to this podcast.Β
And for more stock market news,Β visit our YouTube Channel: https://youtube.com/rockwelltrading2008
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