Nasdaq Composite Closes at Record 26,917.47
U.S. stocks rose on Thursday as the Nasdaq Composite reached a record closing level. The CNN Money Fear and Greed index remained in the Greed zone on Friday.
marketwatch.comU.S. stocks settled higher on Thursday. 47. The CNN Money Fear and Greed index showed positive overall market sentiment and stayed in the Greed zone on Friday.
Company Earnings Best Buy Co.
Inc. shares rose almost 16 percent after the company reported first-quarter results and issued guidance. MongoDB Inc. stock also increased following higher-than-expected quarterly earnings.
S. 3 percent estimate. -manufactured durable goods were also reported.
Key Facts
Story Timeline
2 events- Thursday
Nasdaq Composite closed at record 26,917.47.
1 sourceBenzinga - Friday
CNN Money Fear and Greed index remained in Greed zone.
1 sourceBenzinga
Potential Impact
- 01
Best Buy and MongoDB shares traded higher following earnings releases.
- 02
Traders received data showing April core inflation below forecasts.
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