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Nasdaq hits another all-time high

Amazon logo on a phone
Amazon's logo on a phone. Photo: Alexander Pohl/NurPhoto via Getty Images

The Nasdaq composite rose 1.39% to 7,823 points on Wednesday, as Amazon, Alphabet, Facebook and Microsoft each closed at all-time highs.

  • Alphabet: +2.6%
  • Amazon: +2.4%
  • Facebook/Microsoft: +2.2%

State of play: Investors pushed the companies higher after digesting, and getting past, escalating trade tensions between the U.S. and China.

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