Business
Tech shares race to record highs as Bank of America tips BHP and Rio shares – Motley Fool Australia
Aussie tech shares are surging higher as the US Nasdaq hits new record highs. But don’t count out the miners…
Yesterday (overnight Aussie time) the tech-heavy Nasdaq Composite Index (NASDAQ: IXIC) gained 1.0% to reach yet another new record high.
Year-to-date, the index of predominantly leading tech shares is now up more than 22%. That was almost unimaginable in mid-March, after the Nasdaq had lost more than 30% in the COVID-19 market rout.
But the remarkable rebound is indicative of the resilience of companies like Apple Inc.(NASDAQ: AAPL). Although Apple’s share price dropped 0.3% yesterday, its 53%…
-
Noosa News23 hours agoWest Coast Eagles draftee Josh Lindsay wants to carry on Troy Selwood’s legacy
-
Noosa News24 hours agoHunt for suspects after family’s pregnant horse found shot dead on rural Queensland property
-
General10 hours agoGrieving parents of 4yo boy who drowned in Officer suing Melbourne Water, Cardinia council
-
Noosa News18 hours agoWhat are Medicare Mental Health Centres, and what do they offer?