Nasdaq hits record high with tech stocks soaring, Goldman Sachs delays rate cut forecast

From Investing.com: 2024-05-24 16:11:45

Nasdaq closes at record high despite rate hike concerns, Tech stocks surge led by Nvidia’s strong earnings report. Goldman Sachs pushes back rate cut forecast to September. Durable goods orders grow 0.7% in April. Workday shares drop 15% on lower revenue forecast, while Deckers Outdoor stock rises 14% on strong sales growth. Coinbase jumps 8% after approval of ether ETF listings, Lucid to cut 6% of its workforce to save costs amid challenging EV demand.



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