High Flying Nasdaq Crashes, Why and What Next?

#15484
MoneyNeverSleeps
Participant

Well that turned around quickly a new record close for the Nasdaq after NFP

The first day since since January 26th a major index closed at a record level and those crashes in between

The Nasdaq composite index rose 1.79% today above the January 26th high and high close at 7505.77 at 7560.81, up 132.87 points.

The S&P closed the day at 2786.57, up 47.60 points or 1.74%
The Dow closed up 440.53 points or 1.77% at 25335.74.

The NASDAQ rose 4.17% and up nearly 10% at 9.52%.