The technology-laden Nasdaq Composite Index on Friday wiped out a weekly loss, with the index on pace for its best daily gain since March. The Nasdaq, most...
The technology-laden Nasdaq Composite Index COMP, +1.51% on Friday wiped out a weekly loss, with the index on pace for its best daily gain since March. The Nasdaq, most recently, was up 1.5% at 8,156, putting the benchmark within striking distance of a record close at 8,161.85, despite a three-day decline. The equity-market gains on Friday, partly powered by a rally in large-capitalization companies like Amazon.com Inc. AMZN, +3.27% also helped turn a firm weekly slump into a 0.
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