The Nasdaq composite added 0.3%, and the Dow Jones Industrial Average rose 0.1%. Walgreens Boots Alliance sank more than 22% after reporting results that fell shy of forecasts and cutting its outlook. The Nasdaq composite rose 53.53 points, or 0.3%, to 17,858.68.
Investors are doubling down on tech, whether they realize it or not. The market benchmarks’ annual rebalancing takes place after the closing bell on Friday.
Wall Street has delivered a moderate performance in the second quarter of 2024.