Stock market today: Nasdaq secures record close as Alphabet kicks off Big Tech earnings

view original post

Prior to Alphabet’s earnings, the tech-heavy Nasdaq Composite ( ^IXIC) closed Tuesday’s session at a record high. The index jumped about 0.8%, buoyed by Broadcom ( AVGO ), which gained over 4% on reports it plans to work with Microsoft-aligned OpenAI ( MSFT) to develop a new artificial intelligence chip.