Nasdaq Soars, Meta Rallies, Dow Flirts With Record Streak and Oil Jumps To $80: What’s Driving Markets Thursday?

Investor risk sentiment soared the day after the Federal Reserve’s interest rate decision, with technology companies leading gains. Meta Platforms, Inc. (NASDAQ:META) rocketed 7% on better-than-expected quarterly earnings, while among the large tech companies, only Microsoft Corp. (NASDAQ:MSFT) registered a slight negative performance, down 0.7%. Meanwhile, the Dow Jones Industrial Average is marginally higher, battling with the fourteenth consecutive profitable session, a record not seen during the postwar period. The U.S. economy grew at a rate of 2.4% in the second quarter, accelerating fro…

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