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Nasdaq Rises 38 Points; AMD Hits Record on a Rival's Beat-Down; Earnings Lift Take-Two

Dan Caplinger, The Motley Fool
·3 min read
Nasdaq Rises 38 Points; AMD Hits Record on a Rival's Beat-Down; Earnings Lift Take-Two

The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been a big growth driver throughout 2020, but at least for one day, the tech-heavy index took a break from the melt up in stocks. After trading on either side of the unchanged mark during the day, both the composite and the Nasdaq-100 Index managed to eke out modest gains by the close. Advanced Micro Devices (NASDAQ: AMD) was the biggest gainer in the Nasdaq-100, as investors continue to see the chipmaker as being in a favorable competitive position against its longtime rival.

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