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Nasdaq Hits Record After Nearly 600-Point Gain as Oil Prices Fall Sharply

Nasdaq Hits Record After Nearly 600-Point Gain as Oil Prices Fall Sharply

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Summary

International oil prices fell sharply, while the Nasdaq rose by nearly 600 points to a new record high. TSMC's American depositary receipts gained 2.44%.

Details

International oil prices declined sharply, according to the available information in the headline of a report published by Newtalk新聞.

In the US stock market, the Nasdaq climbed by nearly 600 points to reach a new record high. At the same time, American depositary receipts of Taiwan Semiconductor Manufacturing Company (TSMC) rose by 2.44%.

The provided information does not include specific oil price levels, the Nasdaq's closing level, or reasons for the market movements.

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The report highlights sharp moves in both global oil prices and US technology shares.

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Read the original publication at newtalk.tw