US Markets Closed for Memorial Day: Nasdaq Hits New Record

Holiday in American markets on the occasion of Memorial Day. Nasdaq made a new record on Friday. Nasdaq rose 1.1% due to strong gains in IT and semiconductor stocks. NVIDIA jumped 2.6%, gained 15% in 1 week. Dow Jones closed flat after slipping 150 points from the day's high. 10 year bond yield flat near 4.45%.

Updated on: May 27, 2024, 09.24 AM IST
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