Written by 10:57 AM Economics

The NASDAQ index in the US closes above the 20,000 mark for the first time in history.

On the 11th local time, the Nasdaq index, focused on U.S. technology stocks, surpassed the 20,000 mark for the first time ever. Expectations that the U.S. Federal Reserve will decide to cut interest rates in the meeting starting on the 17th have led to the rise in major large technology stocks such as Apple and Tesla, boosting the index.

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