Why Meta and Align Are Sending the Nasdaq Soaring Thursday
Wall Street heard exactly what it wanted to hear from the Federal Reserve, and that sparked a new rally in the stock market that looked poised to continue on Thursday morning. After having taken the brunt of the bear market hit in 2022, the Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped at the opening bell, up 2.3% as of 9:41 a.m. ET. A pair of stocks contributed the most to the Nasdaq's rally.