Nasdaq Scores Record High Amid Oil Price Decline
The Nasdaq scored a record high as oil prices eased on Wednesday. The tech-heavy index hit new highs, while Apple tested its buy point.
The Nasdaq rose to a new record, driven by strong performances from tech stocks. Meanwhile, oil prices declined, with Brent crude falling 1.2% to $75.14 per barrel.
Apple, a key component of the Nasdaq, is approaching its buy point at 142.40 after a brief pullback. The stock has been gaining momentum in recent sessions and may be due for a breakout.