The Nasdaq Composite briefly touched an all-time intraday high on Tuesday as stocks shrugged off a second day in a row of falling oil futures to march firmly higher amid a rise in global equity benchmarks.
U.S. stocks closed in positive territory on Tuesday, but off the best levels of the session, after upbeat data on U.S. new-home sales and a stronger-than-expected gauge of European private-sector activity.
US STOCKS-Futures flat as investors await Fed. Aug 24 U.S. stock index futures were flat on Wednesday as investors keep up their wait for Federal Reserve Chair Janet Yellen's speech on Friday for clues on the timing of a rate hike.
A resurgent US technology sector has driven the Nasdaq Composite to within a hair of its all-time high as investors position for a rebound in an industry that had ranked among the worst performing in the first half of the year.
Signs U.S. hiring remains robust and one of the best earnings seasons for technology companies pushed the Nasdaq Composite Index above its record close for the first time in a year, putting it on the verge of joining the S&P 500 Index at an all ...