Nasdaq registers record closing high Reuters via biedexmarkets.com

NEW YORK (Reuters) – The Nasdaq posted a record high finish on Thursday, closing above its prior record high of 16,057.44 set on Nov. 19, 2021, with the advancing 144.18 points, or 0.90%, to 16,091.92.

Gains in technology companies such as Nvidia (NASDAQ:) and Microsoft (NASDAQ:) have fueled the recent rally on Wall Street amid further optimism over artificial intelligence.

Nvidia, whose stock jumped last week after the chipmaker forecast a roughly three-fold surge in first-quarter revenue on strong demand for its AI chips, was a big boost to the Nasdaq on Thursday.