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Nasdaq climbs higher, McDonald's investor day updates
Yahoo Finance Video1d agobullishVIDEO
Nasdaq climbs higher, McDonald's investor day updates

The 8:30 Hosts Julie Hyman, Jake Conley, and Pras Subramanian break down the day's biggest headlines, including the AI trade sending the Nasdaq (^IXIC) higher, Meta's (META) Muse AI sparking fresh AI-disruption fears, and McDonald's (MCD) dipping 5% as the fast-food giant plans to invest $8.5 billion in restaurant upgrades and franchisee support through 2036.

Nasdaq climbs to record high off the back of revived AI trade
Yahoo Finance Video1d agobullishVIDEO
Nasdaq climbs to record high off the back of revived AI trade

The latest AI rally pushed the Nasdaq Composite (^IXIC) to an all-time record high above 27,200 on Tuesday. The 8:30 Hosts Julie Hyman, Jake Conley, and Pras Subramanian examine Wall Street analysis that forecasts that the Nasdaq could move even higher after this rally.

S&P 500 Nears a Fresh Record High as Tech Stocks Gain
Barrons.com2d agobullish
S&P 500 Nears a Fresh Record High as Tech Stocks Gain

Stocks searched for direction, with the S&P 500 trading less than 1% off its record high. The S&P 500 was roughly flat at 7767.84, just under its 7798.99 record close set on August 13. The Dow Jones Industrial Average fell 0.

Why Cathie Wood Says Forget Inflation and Growth Worries, as the Chip Rally Stalls
Barrons.com2d agobullish
Why Cathie Wood Says Forget Inflation and Growth Worries, as the Chip Rally Stalls

Rapid technological advancements are about to kick-start a period of economic growth that will make higher borrowing costs irrelevant, the ARK Invest CEO said on Monday, in a weekly newsletter. Chip and memory stocks were sliding in premarket trading, having helped power the Nasdaq Composite to a record high the previous session. Advanced Micro Devices declined 0.5%, after the chip maker topped a $1 trillion valuation for the first time ever on Monday.

Asian benchmarks mostly rise after Wall Street's rally
Associated Press2d agobullish
Asian benchmarks mostly rise after Wall Street's rally

Asian shares mostly rose early Tuesday, as the market mood turned positive from the overnight rally on Wall Street. Hong Kong's Hang Seng gained nearly 0.6% to 25,185.26, while the Shanghai Composite rose 0.4% to 3,964.45. Wall Street climbed to the edge of its all-time high Monday.