Nasdaq Achieves Record High as Dollar Index Declines Amid Global Developments

The Nasdaq Composite Index has reached a new record high, marking its 12th consecutive day of gains. According to PANews, this surge comes amid a ceasefire between Israel and Lebanon, which has lasted for ten days, and potential talks between the United States and Iran expected over the weekend. Meanwhile, the dollar index continues to decline, with major banks expressing bearish sentiments. In the tech sector, Taiwan Semiconductor Manufacturing Company (TSMC) has highlighted the growing importance of CPUs in AI data centers, further fueling interest in AMD and Intel stocks. However, Netflix experienced a nearly 10% drop in after-hours trading.