Tech rally, Apple breakout, crypto & 401(k)s: Market takeaways
00:00 Speaker A
Stocks closing mixed as the Nasdaq jumps to a new closing high as tariffs kick in. For more on the trading day takeaways, let’s get over to Yahoo Finance’s Jared Blikre, who’s here with me. Jared, takeaway one, what do we got?
00:15 Jared Blikre
Tech records, and let’s take a look at that. So we got one from the NASDAQ 100 and the NASDAQ composite. It wasn’t a big gain today, 35 basis points or about 1/3 of 1%, but as you can see from this year to date chart, looking good, up 10% off much more off of these lows here. And what was powering it? Guess what? The Mag 7 index itself and uh MAGS that ETF I think it’s roundhill, but MAGS that got a record high. And you can thank Nvidia too, up 75 basis…