Market Update, Jan. 8, 2024: Tech Giants Propel Nasdaq in Stock Recovery; Bitcoin Surpasses $47K
Equities found relief from the previous week’s downturn on Monday as major tech companies surged following significant product unveilings by industry leaders like Apple and Nvidia, just ahead of tomorrow’s Consumer Electronics Show. The Nasdaq Composite ascended by 2.2%, marking its most robust performance since November, while the S&P 500 saw a 1.4% increase. The…