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AI craze is driving Nasdaq’s best run since 1999

Por: Portland Press Herald World December 29, 2023

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The stock market saw a massive reversal this year after suffering its worst annual selloff since 2008. Kiyoshi Ota/Bloomberg, file A banner year for stocks is drawing to a close, with gains in Big Tech leaving the market near all-time highs amid exuberance for artificial intelligence and dovish bets on the Federal Reserve’s next moves. In the run-up to the final closing bell of 2023, the Nasdaq marched toward its best year since 1999 amid a $7... + full article



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