Nasdaq closes at record high as oil slips
Nasdaq hit a record closing high Tuesday; oil prices and Treasury yields dipped in choppy trading amid improved Middle East crude flows. Micron and other AI-related stocks supported the index as AI demand showed no signs of easing.
The tech-heavy Nasdaq hit a record closing high on Tuesday, while oil prices and Treasury yields dipped in choppy trading as crude flows through the Middle East improved. The Nasdaq was boosted by Micron Technology NASDAQ:MU and other AI-related stocks as AI demand showed no signs of easing.