Nasdaq opens at record high on earnings cheer By Reuters – Investing.com
- Date: 04-Nov-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Gulf
Nasdaq opens at record high on earnings cheer By Reuters – Investing.com
By Devik Jain
(Reuters) - The and Nasdaq futures were at record highs on Thursday, propped up by a slew of stellar earnings reports and as investors shrugged off the Federal Reserve's first steps to begin paring its pandemic-era support.
Shares of Qualcomm (NASDAQ:) Inc jumped 8.1% in pre-market trade after the chipmaker forecast better-than-expected profit and revenue for its current quarter on soaring demand for chips used in phones, cars and other internet-connected devices.
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