Nasdaq breaks 7,000: 4 notes on 2018’s first session

The Nasdaq closed above 7,000 for the first time Tuesday as U.S. stocks climbed in the first session of 2018, Reuters reports.

Advertisement

Here are four notes on the gains.

1. Apple, Facebook, Amazon and Alphabet drove recent growth.

2. The technology index .SPLRCT grew 1.4 percent Tuesday. The index saw a 37 percent hike in 2017, making it the best-performing S&P 500 sector, according to Reuters.

3. Investors are optimistic more market gains will come in 2018, assisted by U.S. tax reform.

4. Comparatively, the Nasdaq broke 6,000 in April 2017 and closed above 5,000 in 2015. 
 

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Capital

Advertisement

Comments are closed.