The Nasdaq Composite rose on Tuesday to a record close of 15,019.80, bringing it year-to-date gains to more than 16%.
U.S. stock index futures were flat on Wednesday as investors took a pause a day after the Nasdaq Composite closed above 15,000 for the first time ever. Futures on the Nasdaq-100 were flat. Dow Jones Industrial Average futures added 23 points. S&P 500 futures were flat. The Nasdaq Composite rose on Tuesday for the fourth session in a row to a record close of 15,019.80, bringing it year-to-date gains to more than 16%. Amazon led the gains on Tuesday. It was the Nasdaq’s 29th record close of 2021. The tech-heavy benchmark is now up more than 126% from its pandemic low. The S&P 500 also hit a record on Tuesday. Amazon and Apple were higher again in premarket trading, up about 0.3% each. Markets have been boosted by signs that delta variant cases could be peaking. Fundstrat’s Tom Lee said in a note to clients late Tuesday that the worst may be behind us, citing a falling positivity rate in Florida and Texas. « We realize equity markets have been choppy and the wide variance of perspective means investors do not have an easy consensus.
