Nasdaq 100 Hits 21,000 Milestone

The Nasdaq 100 surged 1.70% on Wednesday, marking a significant milestone of 21,000 points for the first time. This remarkable climb was spearheaded by major technology companies, fueled by recent announcements from industry giants such as Apple and Broadcom.

Apple and Broadcom are reportedly collaborating on a new AI-oriented chip, a development that has piqued the interest of investors and tech enthusiasts alike. Additionally, Apple's release of upgraded software featuring an AI-driven digital assistant across multiple systems has further contributed to the tech sector's upward trajectory.

In other market news, the Dow Jones Industrial Average added 0.09%, while the S&P 500 climbed 0.90%. Meanwhile, the euro faced a 0.27% decline against the dollar, trading at $1.04981 at 10:19 pm ET.

United States President-elect Donald Trump is also set to make his first public appearance post-election by ringing the New York Stock Exchange opening bell on Thursday, adding another layer of anticipation to the market.