Nasdaq hits record high as Alphabet earnings beat estimates
- Posted on October 30, 2024
- By Business News Today
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Nasdaq hits record high as Alphabet earnings beat estimates
The Nasdaq reached a record high, while the S&P 500 rose modestly and the Dow fell, as investors assessed corporate earnings. Alphabet, a key tech stock, surpassed revenue estimates, highlighting the week's critical earnings reports. However, mixed results in sectors like housing and autos, along with rising Treasury yields, temper market gains.