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Record high for Nasdaq; vaccine hopes fuel binge

Reuters, 21 Jul 2020
The Nasdaq notched its first record close in six sessions amid a flurry of optimistic vaccine news – as well as a rally among tech firms whose popularity has soared while many are forced to stay home.
The Dow and the S&P 500 posted modest gains. The Nasdaq outperformed by far with a 263-point surge. Video conferencing provider Zoom jumped nearly 9 percent as many states decide whether to reinstate stay-at-home orders. Also benefitting, large-cap tech stocks like Amazon, which was at the top of Monday’s gainers.

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