The Nasdaq Composite (COMP:IND) soared to a new all-time trading high on Friday, as a wave of buying interest propelled the tech-heavy index past its previous peak. The index climbed to 20,311.51, surpassing its earlier record of 20,

The S&P 500 and the Nasdaq Composite hit all-time highs on Friday as renewed AI enthusiasm and the prospect of a looser monetary policy powered a recovery in U.S. stocks from months-long rout. The benchmark index rose 0.

The US stock market on Friday hit an all-time high, its first since mid-February. It marked the culmination of a remarkable recovery on Wall Street since flirting with bear market territory in early April.