Nasdaq Closes Above 25,000 for First Time at Record 25,114.44
The Nasdaq Composite notched its first-ever close above 25,000 on Friday at 25,114.44, up 0.89% on the day and 1.11% for the week, fueled by rallies in software and tech stocks amid strong corporate earnings. The milestone highlighted tech's resurgence despite weak market breadth, a 0.3% Dow decline, and hotter ISM manufacturing prices-paid at 84.6—the highest since April 2022. The S&P 500 also hit a record close up ~0.3%, reinforcing bullish momentum into upcoming earnings from AMD and Palantir.