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Nasdaq notches first record high close since 2021 on AI optimism
![IndiaTimes]()
Friday, 1 March 2024
The Nasdaq Composite Index reached a new record high, driven by investor optimism towards artificial intelligence (AI) and its impact on stocks like Nvidia. The surge reflects a broader market recovery, influenced by expectations of a rate cut and increasing interest in AI technology. Despite inflationary concerns, the US stock market responded positively, with the Nasdaq setting new records.
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