Nasdaq hits 6,000 for the first time

Investors favouring tech stocks

Tom Eckett
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Nasdaq rose 0.7% to 6,025 points thanks to a renewed appetite in the tech sector
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Nasdaq rose 0.7% to 6,025 points thanks to a renewed appetite in the tech sector

The Nasdaq broke through the 6,000 mark for the first time on Tuesday as investors move into tech-heavy growth companies on concerns US President Donald Trump will be unable to deliver on his economic expansion promises.

According to the Financial Times, strong earnings coupled with investor sentiment over Trump's inability to pass reform has led investors to move into companies where the underlying growth is less affected...

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