Sunday, 25 October 2015 - 20:22
Nasdaq may see record with Apple earnings
The Nasdaq 100 index, dominated by U.S. technology stocks, may set a record high next week, helped by good earnings from Apple expected on Tuesday.
Technology shares led the U.S. stock market's recovery this week from its worst correction in four years in August, thanks to gains in Alphabet, Amazon and Microsoft, after the three companies reported better-than-expected earnings results.
The Dow Jones industrial average rose 0.9 percent, the S&P 500 index recovered another 1.1 percent and the Nasdaq Composite closed the week up 2.27 percent.